LOF 2024 – Changes designed to increase take up of Lloyd’s Open Form
28th June 2024
Lloyd’s Open Form (LOF) 2024 has now been published by Lloyd’s of London, its 14th edition since it was first launched in 1908, replacing the 2020 Form. Lloyd’s Salvage & Arbitration Branch summarised the update in May 2024 with changes that will impact salvors, insurers and shipowners. Firstly, there are no changes to the form…