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EBA: Seven steps to improve the investment climate in Odessa Region for 2021

26 Фев

Kateryna Morozova, Team Lead of EBA Southern Ukrainian Office speaking about the roadmap for prospective changes in 2021. There are many hopes and expectations for 2021. So, we at the European Business Association have come up with a roadmap for prospective changes in the...
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Guarantees

25 Фев

This blog post explores the different ways of drafting guarantees and how this interacts with the obligations of parties within the shipping industry. What is a guarantee? A contract of guarantee is an undertaking given by one party (the guarantor)...
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Exercise of maritime liens on cargo to secure credits for freight and demurrages

25 Фев

Facts A cargo of coal was transported from Colombia to Italy under a voyage charterparty. The coal was destined for the Italian cargo receiver, the bill of lading holder, in Civitavecchia. The charterparty provided that the charterer had to pay...
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How to play it safe in an unsafe port: guidance for charterers and owners

22 Фев

Many standard form charterparties often contain an express warranty to ensure the port’s safety on the part of the charterer. Even in circumstances where such a warranty is not expressly provided, there is still the possibility that one could be...
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TOWCON 2008 – Knock-for-Knock – Is the Tugowner’s liability exemption absolute?

16 Фев

Knock-for-knock clauses are designed for use in commercial contracts when the parties intend that they shall each be responsible for loss or damage to their own property, and any liability to third parties, irrespective of fault as between the contracting...
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How to handle bilingual contracts?

15 Фев

Companies that operate internationally may often face demands for bilingual contracts in foreign jurisdictions. Bilingual contacts are particularly common in China, and this article is written based on our experiences there. The issues that may arise, and the practical approach...
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What happens to containers lost overboard? How long do they float?

15 Фев

We reviewed the typical causes and legal aspects of container collapse cases in June. In this article we address what happens to the containers once they enter the sea. How long do containers stay afloat? Is there any basis in fact...
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THE FRIDAY LONG READ: Bright or blight? The future of freight-tech start-ups

13 Фев

The year 2019, when the valuations of various freight transport-related start-ups were sky high, and every little innovation was hailed as a revolutionary change, felt so “century ago” by March 2020, all because of the coronavirus pandemic (COVID-19). To understand...
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English High Court holds that the Republic of South Africa is not immune in cargo salvage case

12 Фев

In the case of Argentum Exploration Limited v. The Silver [2020] EWHC 3434 (Admlty) the English High Court held on 16 December 2020 that the Republic of South Africa (the “RSA“) was not immune from the Court’s adjudicative jurisdiction, despite RSA’s argument that...
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Getting letters of undertaking right

10 Фев

A recent judgment from the Commercial Court has emphasised the importance of accurate wording for letters of undertaking (LoUs), especially in relation to arbitration agreements and time extensions. A cargo damage claim in Lavender Shipmanagement Inc v. Ibrahima Sory Affretement...
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