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.
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.
Environmental Disasters & Force Majeure
Ed looks at the case of Classic Maritime v Limbungan Makmur, where the Charterer was unable to fulfill its shipment obligations when the Fundao dam in Brazil burst in 2015.