Skip to main content

Forms and documents

Current Forms and Documents


LOF


FCAP


SCOPIC


Special Casualty Representative (SCR)

Access the documents below for further information on the role of the Special Casualty Representative.

Please read Lloyd's Salvage arbitration branch privacy notice to learn more about how we process your personal information.


Archive documents

Lloyd's Form of Salvage Agreement


SCOPIC forms


LOF STATISTICS

Table of statistics for Lloyd's Open Form (LOF)

Includes number of cases, settlements, awards and other information since 1990.

Lloyd's Form of Salvage Agreement statistics as at the end of 2018. Please note that the figures shown in the column 'Total Salvage Award' do not include those amounts awarded in cases that remain subject to an Appeal Award.

Year  New CasesSCOPIC InvokedSettlementsSalvage 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*
1990178n/a915131$27,589 (77%)---
1991173n/a1276321$33,622 (76%)---
1992169n/a1057222$53,825 (81%)2-$1,718,373
1993156n/a1045816$28,980 (58%)4-$707,128
1994142n/a1104018$39,633 (69%)32$948,881
1995121n/a784725$36,745 (85%)2-$318,633
1996121n/a942415$37,528 (85%)22$1,485,719
1997104n/a753316$24,656 (77%)2+1$3,154,183
1998100n/a643010$20,579 (83%)31$1,970,944
199912314773011$26,020 (84%)-2$2,564,654
200013316672213$28,030 (77%)---
200110823823517$26,904 (78%)3-$2,662,876
200210418553215$39,422 (72%)1-$555,692
20038927462911$24,919 (84%)1-$1,088,143
2004911364146$14,318 (89%)---
20051092046185$14,193 (88%)---
200680#1140193$11,672 (79%)---
2007107#23432211$58,168 (59%)---

2008

83#1546209$21,385 (60%)2-$8,141,794

2009

122#1742167$116,766,(75%)000
2010111#2138163

$9,462 (97%)

000

2011

106#114993$29,440 (63%)000

2012

122#

15

37

12

3

$10,559(54%)

0

0

0

 201361 1450123$33,665(39%)00
2014 3775010 $36,318(26%) 00
 2015441121134$29,533 (96%)0

 2016

 4811 448$17,085 (67%)  0
 201763133370$8,039 (85%)00

# 2006 - includes 13 yacht cases

2007 - includes 12 yacht cases

2008 - includes 4 yacht case

2009 - includes 43 yacht cases

2010 - includes 50 yacht cases

2011 - includes 36 yacht cases

2012 - includes 51 yacht cases

* 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 2012 - The Council of Lloyd's also published 1 Award relating to costs which are not included in the above statistics.


VALUES

(amounts shown in $1,000,000)

YearShipCargoOtherTotal%Awards to Values
1990$284.2$268.6$6.9$559.74.9
1991$277.3$323.5$12.5$613.35.5
1992$389.4$436.2$17.8$843.46.4
1993$150.4$169.3$4.0$323.78.9
1994$119.2$178.2$6.7$304.113.0
1995$193.3$244.0$5.6$442.98.3
1996$182.9$111.0$4.2$295.112.5
1997$169.1$326.4$13.0$508.54.8
1998$101.0$61.0$3.8$165.812.5
1999$53.3$79.9$5.8$139.018.8
2000$61.0$194.4$7.5$262.510.7
2001$50.9$107.6$2.5$161.016.7
2002$81.5$173.3$6.6$264.414.2
2003$72.8$94.0$2.3$169.114.7
2004$47.1$93.9$3.9$144.99.9
2005$64.5$119.8$1.3$181.67.8
2006$53.7$31.6$0.5$85.813.6
2007$172.6$210.6$9.5$392.714.8

2008

$203.8$92.0$3.6$299.47.1

2009

$161.2$401.0$8.9$571.120.4

2010

$26.9$37.7$1.3$65.914.4

2011

$25.0$43.8$0.5$69.342.5**
2012$53.5$62.1$1.0$116.69.0
2013$21.8 $41.9 $1.6 $65.3  53.9**
2014$27.8$67.0 $1.0$95.837.9**
 2015 $19.3$83.2 $2.5$105.0 28.1 
 2016$6.7$72.0$0.7$79.421.5
 2017$94.2 $63.2 $12.3$169.74.7 

 

** This figure is affected by several Awards issued in complex, low value cases against unrepresented interests, represented parties having already settled their proportion of the Salvors' claim.