Year
|
New Cases
|
Scopic Invoked
|
Settlements
|
Salvage Awards Published (Original) |
Salvage Awards Published (Appeal)
|
Total Salvage Award (and %paid through Lloyd's - $1,000)
|
Article 14/SCOPIC Awards Published (Original)
|
Article 14/SCOPIC Awards Published (Appeal)
|
Total Article 14/SCOPIC Awards*
|
| 1990 |
178
|
n/a |
91
|
51
|
31
|
$27,589 (77%)
|
-
|
-
|
-
|
1991
|
173
|
n/a |
127
|
63
|
21
|
$33,622 (76%)
|
-
|
-
|
-
|
1992
|
169
|
n/a |
105
|
72
|
22
|
$53,825 (81%)
|
2
|
-
|
$1,718,373
|
1993
|
156
|
n/a |
104
|
58
|
16
|
$28,980 (58%)
|
4
|
-
|
$707,128
|
1994
|
142
|
n/a |
110
|
40
|
18
|
$39,633 (69%)
|
3
|
2
|
$948,881
|
1995
|
121
|
n/a |
78
|
47
|
25
|
$36,745 (85%)
|
2
|
-
|
$318,633
|
1996
|
121
|
n/a |
94
|
24
|
15
|
$37,528 (85%)
|
2
|
2
|
$1,485,719
|
1997
|
104
|
n/a |
75
|
33
|
16
|
$24,656 (77%)
|
2+
|
1
|
$3,154,183
|
1998
|
100
|
n/a |
64
|
30
|
10
|
$20,579 (83%)
|
3
|
1
|
$1,970,944
|
1999
|
123
|
14
|
77
|
30
|
11
|
$26,020 (84%)
|
-
|
2
|
$2,564,654
|
2000
|
133
|
16
|
67
|
22
|
13
|
$28,030 (77%)
|
-
|
-
|
-
|
2001
|
108
|
23
|
82
|
35
|
17
|
$26,904 (78%)
|
3
|
-
|
$2,662,876
|
2002
|
104
|
18
|
55
|
32
|
15
|
$39,422 (72%)
|
1
|
-
|
$555,692
|
2003
|
89
|
27
|
46
|
29
|
11
|
$24,919 (84%)
|
1
|
-
|
$1,088,143
|
2004
|
91
|
13
|
64
|
14
|
6
|
$14,318 (89%)
|
-
|
-
|
-
|
2005
|
109
|
20 |
46
|
18
|
5
|
$14,193
(88%)
|
-
|
-
|
-
|
| 2006 |
80 |
11 |
40 |
19 |
3 |
$11,672
(79%)
|
- |
- |
- |
| 2007 |
107 |
23 |
43 |
22 |
11 |
$58,168
(59%) |
- |
- |
- |
| 2008 |
83 |
15 |
46 |
20 |
9 |
$21,385 (60%) |
2 |
- |
$8,141,794 |
* Article 14 Awards/Scopic Awards
+ The Award was for $4,000,000 and was appealed, however, the case was settled before the appeal arbitration was head. The settlement is believed to have reduced the Award by 4.4%.
Salvage Awards 2008 - The Council of Lloyd's also published 8 Award relating to costs which are not included in the above statistics.
VALUES ($1,000,000)
Year
|
Ship
|
Cargo
|
Other
|
Total
|
%Awards to Values
|
1990
|
$284.2
|
$268.6
|
$6.9
|
$559.7
|
4.9
|
1991
|
$277.3
|
$323.5
|
$12.5
|
$613.3
|
5.5
|
1992
|
$389.4
|
$436.2
|
$17.8
|
$843.4
|
6.4
|
1993
|
$150.4
|
$169.3
|
$4.0 |
$323.7
|
8.9
|
1994
|
$119.2
|
$178.2
|
$6.7
|
$304.1
|
13.0
|
1995
|
$193.3
|
$244.0
|
$5.6
|
$442.9
|
8.3
|
1996
|
$182.9
|
$111.0
|
$4.2
|
$295.1
|
12.5
|
1997
|
$169.1
|
$326.4
|
$13.0
|
$508.5
|
4.8
|
1998
|
$101.0
|
$61.0
|
$3.8
|
$165.8
|
12.5
|
1999
|
$53.3
|
$79.9
|
$5.8
|
$139.0
|
18.8
|
2000
|
$61.0
|
$194.4
|
$7.5
|
$262.5
|
10.7
|
2001
|
$50.9
|
$107.6 |
$2.5
|
$161.0
|
16.7
|
2002
|
$81.5
|
$173.3
|
$6.6
|
$264.4
|
14.2
|
2003
|
$72.8
|
$94.0
|
$2.3
|
$169.1
|
14.7
|
2004
|
$47.1
|
$93.9
|
$3.9
|
$144.9
|
9.9
|
2005
|
$64.5
|
$119.8
|
$1.3
|
$181.6
|
7.8
|
| 2006 |
$53.7 |
$31.6 |
$0.5 |
$85.8 |
13.6
|
2007
|
$172.6 |
$210.6 |
$9.5 |
$392.7 |
14.8 |
2008
|
$203.8 |
$92.0 |
$3.6 |
$299.4 |
7.1 |
|
