Marine Link
Wednesday, September 28, 2016

BIMCO Launches Online Version of LOF 2000

April 11, 2003

BIMCO has launched the first editable online version of Lloyds Open Form (LOF) 2000 as part of a new suite of offshore forms available for users of BIMCO's idea (Internet Document Editing Application). In addition to LOF 2000, BIMCO's idea also offers three ISU/BIMCO Wreck Removal Agreements - WRECKHIRE 99; WRECKSTAGE 99; and WRECKFIXED 99 as well as the widely used SUPPLYTIME 89. These documents will be supplemented by the ISU's SALVHIRE later this month. Despite only being added to idea a few weeks ago, the electronic version of LOF 2000 has already been used by a number of companies. Of particular appeal to users is the ability to complete the form on a computer screen using a specially customized online version of Microsoft (MSFT) Word and then send the result by conventional e-mail. The form can be accessed from any computer with an internet connection - making it an extremely versatile and portable method of editing and exchanging contracts.


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