Despite living in an age of instantaneous correspondence and fast contractual negotiations, parties may still assume that promises as important as parent company guarantees, require detailed written documents, wet-ink, or e-signature signatures in order to be enforceable. The English Courts...
Читать далее »

In “The Agathonissos”1, when the Buyer of the vessel failed to pay the deposit under the MOA the Seller claimed the deposit as a debt. The Buyer disagreed arguing the claim was in damages for breach of contract. To date...
Читать далее »

Santee v Oceaneering International Inc was heard in the Fifth Circuit and is an important decision flowing from the earlier Sanchez decision on whether or not a worker onboard a drillship is considered a Jones Act seaman. This decision reiterates the...
Читать далее »

Both voyage and time charterparties often contain clauses requiring claims to be notified, or formally commenced, within a certain period failing which they will be time barred. If these time bar clauses are not complied with, the consequences for the...
Читать далее »

Railways have been a global phenomenon since their invention nearly two centuries ago. When the Liverpool and Manchester Railway, the world’s first intercity rail service, premiered in 1830, construction had already started across the Atlantic on the United States’ first...
Читать далее »

The Dispute Resolution Statistics of the International Chamber of Commerce (ICC) always make for interesting reading. The ICC is one of the largest International Arbitration Institutions, therefore its statistics give a good indication of what is happening in that part...
Читать далее »

SHIPMAN, the BIMCO standard ship management agreement, is widely used as the global standard ship management agreement for both commercial and technical management. Changes in ship management practices and new legislative frameworks have brought about the need for an updated...
Читать далее »

Interpretation and correction of awards Does the arbitral tribunal have the power to correct or interpret an award on its own or at the parties’ initiative? What time limits apply? Pursuant to the revised article 189(a)(1) of the Federal Statute...
Читать далее »

A look at trends and key numbers arising from The London Court of International Arbitration Casework Report for 2023, and The International Chamber of Commerce preliminary arbitration and ADR statistics for 2023. This article looks at trends and key numbers...
Читать далее »

The Ship Financing Portal provides an inventory of financing products supporting investments in the shipping sector and the wider maritime industry. Access to adequate funding and financing is crucial for fleet renewal and retrofitting, enhance efficiency, and reduce environmental impact....
Читать далее »