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Under a Lloyd’s Open Form salvage agreement, how can the salvor ensure that he gets his salvage security?

If security is not given within 14 days of completion of the salvage service (Saturdays, Sundays and holidays excepted), the salvor can retain possession of the property. He can also retain it if he believes its owners will attempt to remove it. If security is not given or if there is an attempt at removal, the salvor can enforce his lien by having the ship and/or cargo arrested, and if necessary, sold by order of the court.

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Written by Ship Inspection

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    What is SCOPIC security?

    What is salvage security?