Indian Ocean, Gulf of Aden and Southern Red Sea Territorial Exclusion Area
We are regularly approached by clients with enquiries on matters associated with War and Terrorism and how this impacts charterparties,…
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Position in the Red Sea
We are regularly approached by clients with enquiries on matters associated with War and Terrorism and how this impacts charterparties,…
BIMCO CII Clause for Voyage Charterers – The Key Points
This new clause is aimed at helping the parties to cooperate to ensure the vessel complies with its obligations to…
MSC Flaminia – Charterers not entitled to limit liability
The Court of Appeal affirmed the High Court decision that charterers cannot limit liability in connection with claims brought by…
Delay at port due to Fog: Does laytime run?
We consider when weather conditions such as fog, and low-lying cloud, may interrupt or be considered as an exception to…
Changes to Industry Standard Form Letters of Indemnity
A review has recently been conducted of the widely used P&I standard Letter of Indemnity wordings by a committee of…
The MECO Group Regulatory Structure
Earlier this year the MECO Group’s new European subsidiary, the MECO Group (EAA) GmbH, was granted a licence by BaFin,
Smart Gain Shipping Co Ltd and Langlois Enterprises Ltd – The Globe Danae
Where hull cleaning was “always” at charterers’ time and expense, charterers’ obligation to clean survived redelivery and owners were entitled…
CARGO SHIPPERS AND RECEIVERS LIABILITY COVER
Who is this cover designed for? This cover is designed for shippers, receivers, and traders who, when entering into a
TRIBUNAL AWARDS OWNERS’ DAMAGES FOR LOSS OF REPOSITIONING FIXTURE AND BALLAST VOYAGE TO DRYDOCK FOLLOWING LATE REDELIVERY
The recent London Arbitration 1/23 reminds us that bespoke clauses incorporated in time charters may allow owners to recover damages
JWC AMENDMENT TO LISTED AREAS
The Joint War Committee (JWC) The Joint War Committee (JWC) of the IUA and the LMA have reviewed the summary
THE THORCO LINEAGE, A CHANGE OF TUNE ON ECONOMIC DAMAGE TO GOODS UNDER THE HAGUE VISBY RULES
This case concerns the meaning of “loss or damage to or in connection with the goods” under Article IV r5(a)
BIMCO ETSA CLAUSE FOR TIME CHARTER PARTIES 2022
Following the EU Emissions Trading System (“EU ETS”) adopted by the European Union (“EU”), the EU is one step closer…
BIMCO CII CLAUSE FOR TIME CHARTERS ADOPTED – IS IT IN CHARTERERS’ INTERESTS?
As we reported earlier in the year, MARPOL introduced the Efficiency Design Index for Existing Ships (“EEXI”) and Carbon Intensity
NOTICE OF CANCELLATION IN RESPECT OF WAR RISKS
Circular to Assureds (no 001 2022) All parties directly underwriting insurance are ultimately reliant on the support of the global
CHANGE IN SECURITY WITH EFFECT FROM 1 JANUARY 2023
TRANSMARINE will be underwritten by Great Lakes Insurance SE, a Munich Re subsidiary, with effect from 1 January 2023.
GENCON 2022 – A SIGNIFICANT RE-WRITE
First developed in 1922, GENCON underwent its last revision in 1994. That version has since been the most widely used…
NEW COURT JUDGMENT ON THE APPLICATION OF THE ONE YEAR TIME BAR TO CLAIMS FOR MISDELIVERY OF CARGO AFTER DISCHARGE
Fimbank plc-v-KCH Shipping (2022)ECWH 2400 is an important judgment by the English Commercial High Court where it has been held…
AURORA P&I, MECO’S FIXED PREMIUM P&I FACILITY FOR OWNERS OF SMALL SHIPS
We take this opportunity to provide an update following the launch of Aurora P&I, MECO’s P&I facility for Owners of…
MISDELIVERY CLAIM DISMISSED FOLLOWING LACK OF TITLE TO SUE
A bill of lading serves three main functions: it is evidence of the terms of the contract of carriage, proof…
THE “DIVINEGATE”
The High Court confirmed that the ‘good weather method’ is the conventional method for measuring speed and performance. The ‘good…