Lloyd’s Open Form + SCOPIC special-compensation rate - daily rate for no-success environmental salvage.
Formula
$$ \text{SCOPIC} = d \cdot r $$Symbol legend
| Symbol | Meaning | Unit | Source |
|---|---|---|---|
| $SCOPIC$ | Special Compensation P&I Club | - | LOF 2020 |
Sources
- LOF 2020 + SCOPIC 2014.