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Results: 1-10 of 241

English law and London arbitration clause not sufficient to allow application of late payment of Commercial Debt (Interest) Act 1998 to charterparties

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • June 18 2014

In a robust judgment of 12 June 2014 in Martrade Shipping & Transport GmbH v. United Enterprises Corporation 2014 EWHC 1884 (Comm), the Commercial

Owners found to have unreasonably withheld approval of charterers’ proposed discharge vessels

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • June 10 2014

In a previous post, we reported on the decision in Falkonera Shipping Co v Arcadia Energy Pte Ltd (The "Falkonera"), in which Owners were found to

Tribunal finds that time bar does not apply in circumstances where no cargo was loaded

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • June 6 2014

The vessel was the subject of a voyage charter containing the following at clause 11: “Any dispute arising from and in respect of this Charter Party

Court construes the terms of and obligations under a LOU provided by Time Charterers as security for cargo interests’ liability in general average

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • June 6 2014

In St Maximus Shipping Co Ltd v AP Moller-Maersk AS 2014 EWHC 1643 (Comm), the court construed a LOU provided by Time Charterers as obliging them

Tribunal finds that lack of adequate mooring facilities meant that a vessel was not “in every way fitted for the voyage”

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • April 30 2014

The vessel was the subject of a voyage charter, under which the vessel was not accepted for loading. Owners argued that the rejection amounted to a

Commercial Court considers the effect of a paramount clause where the hague-visby rules were compulsorily applicable under English law

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • April 22 2014

In Yemgas Fzco & Ors v Superior Pescadores S.A. Panama, (The Superior Pescadores) 2014 EWHC 971 (Comm), the Commercial Court was asked to consider

Court of Appeal finds sub-charterers and receivers to be charterers’ “agents” for purposes of proviso to off-hire clause

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • April 15 2014

In NYK Bulkship (Atlantic) NV v Cargill International SA (The Global Santosh) 2014 EWCA Civ 403 the Court of Appeal considered the true

Court of Appeal reverses High Court decision on constitution of limitation funds by P&I Club LOUs

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • March 19 2014

In Cosmotrade SA v Kairos Shipping Ltd ("The Atlantik Confidence") 2014 EWCA Civ 217, the Court of Appeal reversed the High Court's first instance

Tribunal comments on validity of NOR and whether laytime stopped running during suspension of loading

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • March 19 2014

The subject vessel tendered NOR around 75 miles from the loadport of Matadi. At the time she was stated to be "in Matadi Roads", but was in fact at

Tribunals have no jurisdiction to hear Owners’ claims for “procuring or inducing” breach of arbitration agreement incorporated into bills of lading

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • February 14 2014

Owners chartered their vessel by way of a charter containing a London Arbitration clause, for a carriage from Turkey to Liberia. The vessel was