LOF-95
LOF-95
Shipping terms glossary
Definition of LOF-95
Lloyd's Open Form - standardized salvage contract. Current version is called LOF-95. Effective January 1 1995. Revised and updated version of the LOF-90, and reflects changes resulting from the UK Merchant Shipping (Salvage and Pollution) Act 1994. Other changes have also been incorporated in this new LOF-95.
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Terminology about shipping
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Definition and meaning of LOF-95
Meaning of LOF-95
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