Salvage - LOF SCOPIC Rate

Lloyd's Open Form + SCOPIC special-compensation rate - daily rate for no-success environmental salvage.

LOFSCOPICSalvage

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This calculator requires JavaScript to compute its result. The formula, symbols, and regulatory sources are shown in the Formula section below.

Formula, assumptions, and limits

\text{SCOPIC} = d \cdot r

Symbol	Meaning	Unit
$SCOPIC$	Special Compensation P&I Club

Source: LOF 2020 + SCOPIC 2014

Lloyd's Open Form + SCOPIC special-compensation rate - daily rate for no-success environmental salvage.