Salvage Agreements in dispute
admin2011-05-26T21:07:42+01:00Shipowners can bind cargo owners to arbitration in salvage agreements Background A shipowner or master can bind cargo owners to arbitration where it is offered in a salvage agreement (under the Lloyds Standard Form of Salvage Agreement (LOF 2000)). The shipowner's or master's authority derives from the London International Salvage Convention (1989), ratified by both