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Alternative to Lloyd’s Open Form outlined

Clyde & Co lawyer Martin Hall calls for new standard salvage contract. Meanwhile, AGCS head of risk Rahul Khanna postulates potential $4bn casualty scenario

The rapid decline in the use of Lloyd’s Open Form – which some regard as too expensive, especially for simple jobs – has sparked a hunt for alternatives, with the issue the main focus of debate on the opening morning of the Salvage & Wreck Removal 2018 event

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