Agreement Breaks Scopic Rates Deadlock

When the chemical tanker Accord grounded in the East China Sea, an LOF/SCOPIC operation by China Salvage transferred the cargo, raised the casualty and towed it to shelter.

The International Salvage Union (ISU) and the International Group of P& I Clubs have reached a New Year agreement which has cleared the way for an increase in the tariff rates for personnel engaged in salvage operations under Lloyds Form where the SCOPIC Clause (Special Compensation P& I Club) has ...

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