Issues with LOIs
Carlos Vasquez talks about LOIs, whether they are enforceable in the courts, and how an assured can best protect themselves as they are not covered by your insurance.
Chris Ward talks about a recent arbitration which the Charters’ Club successfully defended, whereby the parties contended whether an Interclub Agreement had been incorporated into a charter.
Interpreting Shipping Contracts
Stephen Mann explains the 4 step process that is needed when wording a shipping contract, including assembling the material, identifying conflicting clauses, and what is actually meant from the contract wording.