We publish Newsletters, Circulars and Bulletins on general issues that impact the Chartering Market.
In June 2019 BIMCO released new arrest clauses. These seek to regulate the position as between Owners and Charterers when a chartered vessel is arrested by a third party. The clause has been issued in two versions, designed to apply to voyage and time charters respectively. The clause profoundly and dangerously changes the carefully balanced allocation of risk as…Read More »
On 18 January 2020 the Indian Ministry of Law and Justice announced publication, in the official gazette, of legislation which will make enforcing civil judgements handed down from superior courts in the UAE easier. The gazette reads: …“In exercise of the powers conferred by Explanation 1 to section 44A of the Code of Civil Procedure, 1908 (5 of 1908),…Read More »
We have not updated the Clubs Terms and Conditions as between 2019 and 2020 therefore for business written on or after 1 January 2020 the wording incorporated will be the 2019 Terms and Conditions. We will be looking at the Terms and Conditions during the course of the year as we want to look at the content and layout…Read More »
The importance of ensuring that necessary supporting documents are submitted when dealing with a time bar clause has been highlighted by two recent decisions of the Commercial Court, one being a claim under a time charter and the other, a demurrage claim under a voyage charter. “TIGER SHANGHAI” - MUR Shipping BV v Louis Dreyfus Company Suisse S.A –EWHC…Read More »
Can an owner, under the BIMCO Non-Payment of Hire Clause, withdraw a vessel from service for historic arrears QUIANA NAVIGATION SA -v- PACIFIC GULF SHIPPING (SINGAPORE) PTE LTD (the “CARAVOS LIBERTY”) Charterers have successfully defended an appeal by Owners following an arbitration Award in which the arbitration Tribunal found in favour of Charterers following their claim against Owners…Read More »
Our correspondents in Dubai have kindly passed us updates from the Maritime Authorities in the UAE and Bahrain following the implementation of the low sulphur regime on 1 January 2020. With thanks to GAC Dubai for this update. Bahrain MARINE NOTICE PMA 03 2019 Exhaust Gas Cleaning System (EGCS) UAE FTA Circular No 11 issued in 2019 Instructions for MARPOL…Read More »
A recent London Arbitration (23/19) in which the charterers’ off-hire claim was defeated, shows the central importance of responding to and submitting evidence on all material points made by opponents. Disponent owners chartered the vessel to charterers on an amended NYPE 1981 charterparty. The vessel was anchored off Sao Luis, Brazil, when the charterers ordered her to go to…Read More »
“ALPHA HARMONY”  EWHC 2522 (COMM) Does the NoR serve more than one purpose and what happens when they conflict? The Commercial Court has heard two appeals from related arbitrations, pursuant to section 69 of the Arbitration Act 1996. The appeals concerned cancellation of voyage charterparties on the grounds that a valid NoR had not been given in time. …Read More »
Where Taj Bengal, Kolkatta When Wednesday 13 November 2019 09.30 to 09.45 Welcome - Setting the Tone - Capt Uberoi - Regional Underwriter 09.45 to 10.15 Unsafe port - Myth or Reality - Gavin Ritchie - Global Underwriting Director 10.15 to 10.30 Insurance…Read More »
Background Not for 175 years, since the first steam powered ships started to appear, taking over from the very green but highly unreliable wind power, has there been such a step change in the shipping industry and we have less than 100 days to go before it starts. This bulletin provides background on the issues from the perspective of a…Read More »
A recent London arbitration award (17/19) provides useful guidance in two important issues pertaining to bunkers on redelivery of a vessel under time charter. First the Tribunal considered the meaning of the word “about “ in connection with the quantity of bunkers on redelivery. The charterparty provided that the vessel was to be redelivered with “about the same IFO…Read More »
Our local correspondent for the Dominican Republic and Haiti E&M International Consulting have advised that there are ongoing protests in Haiti. In relation to the ports of Cap Haitian and Port-Au-Prince, both remain operational, but delays are expected because not all port employees are able to access the port and cargo is not being moved freely from the port’s premises.…Read More »
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