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.
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.