Decarbonisation is an issue that affects all areas of the shipping industry, as stakeholders work towards the ambitious targets set by the International Maritime Organisation (“IMO”).  In addition to fundamental changes such as the anticipated introduction of green fuels, commercial...
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The High Court has upheld a decision of the GAFTA Board of Appeal that an initial invalid vessel nomination by a buyer on FOB terms was not a repudiatory breach of contract in circumstances where: The buyer still had sufficient time to...
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Eternal Bliss: claiming damages beyond demurrage In the Eternal Bliss case, the voyage charterer failed to discharge a cargo within the time allowed (laytime). As a result of the delay, and while the ship was on demurrage, the cargo deteriorated....
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Travelport Limited v WEX Inc1 is the first reported decision of a material adverse event clause triggered by the COVID pandemic. With the major downturn in international business following the pandemic, parties have turned their attention to material adverse change (“MAC”)...
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The Koblenz Higher Regional Court recently decided on a case of wrongful delivery and the assignment of liability therein.(1) Facts The plaintiff’s policyholder commissioned the defendant to undertake a cross-border delivery of shoes to the United Kingdom. The defendant used...
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The law has long recognised that where an insurer has indemnified an insured for loss caused by a third party, the insurer can sue the third party in the insured’s name to recover the amount paid. However, two recent UK...
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Digitisation is the buzzword of the year for those in the trade industry. Following several large-scale frauds in the trade finance space, there is growing concern over the authenticity (and therefore, the value) of traditional paper bills of lading as...
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For many years, vessels calling in Ukraine have encountered issues regarding the sampling and testing of ballast water and the actions by the ‘ecological inspectorate’. Further to our previous update reporting on the department’s closure, a decision in the Ukrainian...
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