Year: 2003 Language: english Author: HTD Genre: Convention (rules) Format: PDF Quality: eBook Pages count: 36 Description: The original concept of Lloyd’s Open Form was, procedurally, brilliant but simple. The ship’s master and the Salvage Master could agree Lloyd’s Open Form either verbally or by signing the form itself. The ship’s master then knew that help was at hand and he could not be criticised for making an agreement that everyone in the maritime world saw as fair and reasonable. The Salvage Master could go ahead and do his job knowing that his work would be fairly rewarded according to the services he performed and the value of the property saved. More importantly, there was no excuse to delay agreeing Lloyd’s Open Form and the salvors, often in very heroic and difficult circumstances, could get on with their real job of saving life and property. As a by-product, by preventing a drama from turning into a crisis, they often prevented damage to the environment. The salvage award was generally paid by the property underwriters who were content to pay the salvors rather than pay their assured a total loss claim. Everyone was, if not happy, at least comfortable with Lloyd’s Open Form. The disasters that occurred where ships’ masters or owners refused or delayed agreement to Lloyd’s Open Form highlighted the benefits of the Lloyd’s Open Form system and acted as an encouragement for others to embrace it. Where SCOPIC is added (by agreement between the salvor and the ship - it is not compulsory) to the Lloyd’s Open Form and invoked, it replaces the mechanism for calculating Article 14 special compensation. Even where SCOPIC is added (by deleting ‘no’ on box 7 of LOF 2000) it has no effect until specifically invoked by the salvor. It should be noted that SCOPIC can be invoked if there is no threat to the environment, for example to remove a wreck. SCOPIC introduces more players into the system and increases the roles of those already involved. One way to understand how SCOPIC works is to examine the roles of those concerned.
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SCOPIC - Who does what, 3rd Edition
Year: 2003
Language: english
Author: HTD
Genre: Convention (rules)
Format: PDF
Quality: eBook
Pages count: 36
Description: The original concept of Lloyd’s Open Form was, procedurally, brilliant but simple. The ship’s master
and the Salvage Master could agree Lloyd’s Open Form either verbally or by signing the form itself.
The ship’s master then knew that help was at hand and he could not be criticised for making an
agreement that everyone in the maritime world saw as fair and reasonable. The Salvage Master could
go ahead and do his job knowing that his work would be fairly rewarded according to the services
he performed and the value of the property saved. More importantly, there was no excuse to delay
agreeing Lloyd’s Open Form and the salvors, often in very heroic and difficult circumstances, could
get on with their real job of saving life and property. As a by-product, by preventing a drama from
turning into a crisis, they often prevented damage to the environment. The salvage award was
generally paid by the property underwriters who were content to pay the salvors rather than pay
their assured a total loss claim. Everyone was, if not happy, at least comfortable with Lloyd’s Open
Form. The disasters that occurred where ships’ masters or owners refused or delayed agreement to
Lloyd’s Open Form highlighted the benefits of the Lloyd’s Open Form system and acted as an
encouragement for others to embrace it.
Where SCOPIC is added (by agreement between the salvor and the ship - it is not compulsory) to the
Lloyd’s Open Form and invoked, it replaces the mechanism for calculating Article 14 special
compensation. Even where SCOPIC is added (by deleting ‘no’ on box 7 of LOF 2000) it has no effect
until specifically invoked by the salvor. It should be noted that SCOPIC can be invoked if there is
no threat to the environment, for example to remove a wreck. SCOPIC introduces more players into
the system and increases the roles of those already involved.
One way to understand how SCOPIC works is to examine the roles of those concerned.
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HTD Scopic.pdf
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