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The Salvage Arbitration Branch administers Lloyd’s Open Form of Salvage Agreement (“LOF”) which has been the preferred contract of the professional salvage industry since its introduction in 1908. It provides a framework for determining the amount of remuneration to be awarded to salvors for their services in saving property at sea and minimizing or preventing damage to the environment. It is today the most widely used international salvage agreement of its kind.
Lloyd's Open Form (LOF)
LOF provides a regime for determining the amount of remuneration to be awarded to salvors for their services in saving property at sea and minimising or preventing damage to the environment.
SCOPIC
Information about SCOPIC, introduced in 1999, to be used in conjunction with Lloyd's Form of Salvage Agreement.
Fixed Cost Arbitration Procedure (FCAP)
Details of the Fixed Cost Arbitration Procedure (FCAP), which limits the costs of arbitration in certain circumstances.
Forms and Documents
All current and former salvage related forms and documents in one place.
Contact
Special Casualty Representatives
Listings of all Special Casualty Representatives who have been appointed by the SCR Panel.
Lloyd's Arbitrators
Contact details for arbitrators appointed by Lloyd's to hear Lloyd's Open Form (LOF) cases that do not settle and details of fees.
Admiralty Solicitors Group
Find contact details for admiralty solicitors in the UK and around the world.