Specials Casualty Representative (SCR)
The Founder is an SCR appointed by Lloyds.
The SCR is a salvage expert who will be appointed incase the SCOPIC clause of a Lloyds Open Form gets invoked.
Typically this is in situation were there is not enough value in the vessel and the salvage operation continues to save the environment.
In more detail as follows:
Article 14 of the 1989 Salvage Convention ('Article 14') provided that salvors ('Contractors') could receive Special Compensation (ie their expenses and a fair rate for tugs and equipment used in salvage operations) in certain circumstances where the salved fund was insufficient to allow them to recover adequate remuneration under Article 13 of the Salvage Convention 1989 ('Article 13').
The SCOPIC clause endorsed this concept but introduced a tariff to calculate the Contractor's Special Compensation together with an uplift fixed at 25%.
Traditional Article 13 Awards will be discounted by 25% of the amount by which any Article 13 Award exceeds the SCOPIC remuneration. Special Casualty Representatives (SCR) and Representatives for hull and cargo were introduced and marine property underwriters' access to information about the services was improved.