{"id":13839,"date":"2018-01-15T08:24:46","date_gmt":"2018-01-15T08:24:46","guid":{"rendered":"http:\/\/192.168.1.14\/index.php\/2018\/01\/15\/notification-of-side-agreements-to-the-lloyd-s-open-form-lof-salvage-agreement\/"},"modified":"2025-09-01T01:19:58","modified_gmt":"2025-08-31T17:19:58","slug":"notification-of-side-agreements-to-the-lloyd-s-open-form-lof-salvage-agreement","status":"publish","type":"post","link":"https:\/\/andrewliu.com.hk\/zh\/notification-of-side-agreements-to-the-lloyd-s-open-form-lof-salvage-agreement\/","title":{"rendered":"Notification of side agreements to the Lloyd\u2019s Open Form (LOF) salvage agreement"},"content":{"rendered":"<p><span style=\"text-align: justify;\">&nbsp;<\/span><img decoding=\"async\" class=\"size-full wp-image-9071\" style=\"padding: 0px; outline: 0px; text-align: justify;\" src=\"https:\/\/andrewliu.com.hk\/wp-content\/uploads\/2010\/06\/pdf.png\" alt=\"pdf\" width=\"16\" height=\"16\" \/><span style=\"text-align: justify;\">&nbsp;<\/span><a href=\"https:\/\/andrewliu.com.hk\/wp-content\/uploads\/2018\/01\/Notification-of-side-agreements-to-the-Lloyds-Open-Form-LOF-salvage-agreement.pdf\"><span style=\"text-align: justify;\">ENG<\/span><\/a>&nbsp; &nbsp;<img decoding=\"async\" class=\"size-full wp-image-9071\" style=\"padding: 0px; outline: 0px; text-align: justify;\" src=\"https:\/\/andrewliu.com.hk\/wp-content\/uploads\/2010\/06\/pdf.png\" alt=\"pdf\" width=\"16\" height=\"16\" \/><span style=\"text-align: justify;\">&nbsp;<\/span><a href=\"https:\/\/andrewliu.com.hk\/wp-content\/uploads\/2018\/01\/Notification-of-side-agreements-to-the-Lloyds-Open-Form-LOF-salvage-agreement_CN.pdf\"><span style=\"text-align: justify;\">\u4e2d\u6587<\/span><\/a><span style=\"text-align: justify;\">&nbsp;&nbsp;<\/span><\/p>\n<p style=\"font-size: 12px; text-align: justify;\">Owners and their hull and machinery (H&amp;M) underwriters are increasingly entering into agreements that run parallel to the Lloyd\u2019s Open Form (LOF) and Special Compensation P&amp;I Cover clause (SCOPIC), with a view to managing their exposure to costs that may arise under LOF Article 13.<\/p>\n<p style=\"font-size: 12px; text-align: justify;\">In certain circumstances these agreements, known as \u201cside letters\u201d or \u201cside agreements\u201d, can affect the operation of the SCOPIC clause either directly or indirectly and therefore compromise P&amp;I cover.<\/p>\n<p style=\"font-size: 12px; text-align: justify;\">See attached file: Notification of side agreements to the Lloyd\u2019s Open Form (LOF) salvage agreement.pdf<\/p>\n<p style=\"border: 0px; outline: 0px; font-size: 12px; text-align: justify;\">&nbsp;<\/p>\n<p style=\"border: 0px; outline: 0px; font-size: 12px; text-align: justify;\"><span style=\"font-size: 14pt; color: #022469;\"><strong>\u300a\u52b3\u5408\u793e\u6551\u52a9\u5408\u540c\u300b\u8865\u5145\u534f\u8bae\u7684\u901a\u77e5\u8981\u6c42<\/strong><\/span><\/p>\n<p style=\"font-size: 12px; text-align: justify;\">\u6709\u8d8a\u6765\u8d8a\u591a\u7684\u8239\u4e1c\u4e0e\u5176\u8239\u58f3\u9669\u4fdd\u9669\u4eba\uff0c\u4e3a\u4e86\u63a7\u5236\u5176\u6240\u9762\u4e34\u7684\u300a\u52b3\u5408\u793e\u6551\u52a9\u5408\u540c\u300b(LOF)\u7b2c13\u6761\u4e0b\u4ea7\u751f\u7684\u8d39\u7528\uff0c\u800c\u7b7e\u8ba2\u4e0eLOF\u53ca\u8239\u4e1c\u4e92\u4fdd\u534f\u4f1a\u7279\u522b\u8865\u507f\u6761\u6b3e(SCOPIC)\u5e73\u884c\u7684\u534f\u8bae\u3002<\/p>\n<p style=\"font-size: 12px; text-align: justify;\">\u5728\u67d0\u4e9b\u60c5\u51b5\u4e0b\uff0c\u8fd9\u4e9b\u534f\u8bae\u88ab\u79f0\u4e3a\u201c\u8865\u5145\u6761\u6b3e\u201d\u6216\u201c\u8865\u5145\u534f\u8bae\u201d\uff0c\u4f1a\u76f4\u63a5\u6216\u95f4\u63a5\u5f71\u54cdSCOPIC\u6761\u6b3e\u7684\u64cd\u4f5c\uff0c\u4ece\u800c\u5f71\u54cd\u5230\u4fdd\u8d54\u9669\u3002<\/p>\n<p style=\"border: 0px; outline: 0px; font-size: 12px; text-align: justify;\">\u8be6\u7ec6\u4fe1\u606f\u8bf7\u53c2\u9605\u9644\u4ef6\u3002<\/p>\n<p><span style=\"text-align: justify;\"><br \/><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>&nbsp;&nbsp;ENG&nbsp; &nbsp;&nbsp;CHN&nbsp;&nbsp; Owners and their hull and machinery (H&amp;M) underwriters are increasingly entering into agreements that run parallel to the Lloyd\u2019s Open Form (LOF) and Special Compensation P&amp;I Cover clause (SCOPIC), with a view to managing their exposure to costs that may arise under LOF Article 13. In certain circumstances these agreements, known as \u201cside [&hellip;]<\/p>","protected":false},"author":3,"featured_media":9071,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[125],"class_list":["post-13839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-circulars","tag-english"],"_links":{"self":[{"href":"https:\/\/andrewliu.com.hk\/zh\/wp-json\/wp\/v2\/posts\/13839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/andrewliu.com.hk\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/andrewliu.com.hk\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/andrewliu.com.hk\/zh\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/andrewliu.com.hk\/zh\/wp-json\/wp\/v2\/comments?post=13839"}],"version-history":[{"count":1,"href":"https:\/\/andrewliu.com.hk\/zh\/wp-json\/wp\/v2\/posts\/13839\/revisions"}],"predecessor-version":[{"id":18299,"href":"https:\/\/andrewliu.com.hk\/zh\/wp-json\/wp\/v2\/posts\/13839\/revisions\/18299"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/andrewliu.com.hk\/zh\/wp-json\/wp\/v2\/media\/9071"}],"wp:attachment":[{"href":"https:\/\/andrewliu.com.hk\/zh\/wp-json\/wp\/v2\/media?parent=13839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/andrewliu.com.hk\/zh\/wp-json\/wp\/v2\/categories?post=13839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/andrewliu.com.hk\/zh\/wp-json\/wp\/v2\/tags?post=13839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}