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Tribunal considers broker’s authority to fix vessel on behalf of owners

Reed Smith LLP
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United Kingdom
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May 7 2013

The Tribunal was required to decide whether the parties to the arbitration had in fact concluded a fixture. At the time they were both interested in

London arbitration 413 tribunal considers whether owners additional insurance against piracy risks was “necessary”

Reed Smith LLP
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United Kingdom
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May 7 2013

The Tribunal considered whether it was "necessary" for Owners to take out additional insurance against piracy risks. The Tribunal adopted an

Is payment of hire a condition: a long-standing controversy resolved

Reed Smith LLP
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United Kingdom
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April 18 2013

On 18 April 2013, Flaux J handed down his judgment in Kuwait Rocks Co v AMN Bulkcarriers Inc (The Astra). The judgment provides long-awaited

Griffon Shipping LLC v Firodi Shipping Ltd. 2013 EWHC 593

Reed Smith LLP
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United Kingdom
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April 11 2013

An important decision for the ship sale and purchase market has confirmed that buyers entering into a standard form Memorandum of Agreement (MOA) (on

Case note: Griffon Shipping LLC v. Firodi Shipping Ltd. 2013 EWHC 593

Reed Smith LLP
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United Kingdom
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April 11 2013

An important decision for the ship sale and purchase market has confirmed that buyers entering into a standard form Memorandum of Agreement (MOA) (on

Court considers charterparty construction in respect of freight payable on overage

Reed Smith LLP
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United Kingdom
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April 8 2013

The appeal in BP Oil International Ltd v Target Shipping Ltd 2013 EWCA Civ 196 concerned the amount of overage freight payable by Charterers to

Court considers whether owners were reasonable in withholding their approval of charterers’ proposed discharge vessels

Reed Smith LLP
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United Kingdom
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January 9 2013

In Falkonera Shipping Co v Arcadia Energy Pte Ltd (The "Falkonera"), the Court considered issues arising from the Claimant Owners' withholding of approval

Norwegian saleform 1993 seller beware!

Reed Smith LLP
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United Kingdom
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January 9 2013

Until 13th December last year, the English courts had never specifically considered the relationship between Norwegian Saleform and the English Sale of

A term as to satisfactory quality is to be implied into Norwegian Saleform 1993 by way of section 14 of the Sale of Goods Act 1979

Reed Smith LLP
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United Kingdom
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January 4 2013

In Dalmare SpA v Union Maritime Ltd (The "Union Power"), the court was required to decide whether a term as to satisfactory quality was to be implied into

Commercial Court holds that in order to recover under an amended off-hire clause, charterers must show a net loss of time to the service

Reed Smith LLP
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United Kingdom
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January 4 2013

In Minerva Navigation Inc v Oceana Shipping AG (The "Athena"), the Commercial Court considered the nature of the loss of time which Charterers were

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Tribunal considers broker’s authority to fix vessel on behalf of owners

London arbitration 413 tribunal considers whether owners additional insurance against piracy risks was “necessary”

Is payment of hire a condition: a long-standing controversy resolved

Griffon Shipping LLC v Firodi Shipping Ltd. 2013 EWHC 593

Case note: Griffon Shipping LLC v. Firodi Shipping Ltd. 2013 EWHC 593

Court considers charterparty construction in respect of freight payable on overage

Court considers whether owners were reasonable in withholding their approval of charterers’ proposed discharge vessels

Norwegian saleform 1993 seller beware!

A term as to satisfactory quality is to be implied into Norwegian Saleform 1993 by way of section 14 of the Sale of Goods Act 1979

Commercial Court holds that in order to recover under an amended off-hire clause, charterers must show a net loss of time to the service

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