Archive 2012

Salvage or not?
January 2012

Do not delay salvage contracting

16 May 2022 by Simon Tatham Regular columnist Simon Tatham examines a recent maritime accident report to highlight the risks of not taking the offered LOF The International Group of P&I Clubs (IG) has been working on what it calls its Salvage Delay Project, an independent study into the increasing tendency for delays in the take up…

How SCOPIC is used under LOF

Regular columnist Simon Tatham explains the process, benefits and pitfalls of invoking SCOPIC in salvage Salvage situations develop quickly, calling for rapid decision making by the parties involved. For the opportunist, occasional salvor and a shipowner faced with its first salvage dilemma, they with probably not have experience of Lloyd’s Open Form (LOF) salvage let…

Archive 2012

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