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Results: 1-10 of 251

Owners validly exercised right to withdraw for non-payment of hire and awarded discounted damages for repudiatory breach

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • November 21 2014

Two newbuildings were let by Owners to Charterers on an amended NYPE form for a period of about 35 months up to 37 months. Hire was to be paid

Tribunal rules on speed and performance claims under two consecutive time charterparties

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • November 21 2014

The vessel in question was the subject of two charters on the NYPE 46 form, for one time charter trip under each, with the second charter being in

Court of Appeal upholds incorporation of English jurisdiction clause from charterparty into bill of lading

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • October 24 2014

A cargo of coal was carried by the Respondent Owners from Rotterdam to Nador (Morocco). Whilst underway, emergency cooling measures were taken to

Tribunal rules on incorporation of arbitration agreement into a charterparty and owners’ entitlement to demurrage

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • October 2 2014

The vessel in question was chartered by way of a fixture recap. Owners brought a claim for demurrage against Charterers. Charterers argued that the

Court of Appeal upholds finding of breach of typhoon warranty in reinsurance policy

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • October 2 2014

The Appellant Insurer had insured the owner of certain vessels. The policy contained a typhoon warranty, which contained two limbs: that "the

Disclosure order made against individual and companies controlled by him in respect of marine insurance claim

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • August 21 2014

The First Claimant, owners of a vessel, claimed against the Defendant Insurers for an indemnity in respect of damage to their vessel. The Defendant

Ebola and its effect on shipping contracts

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • August 21 2014

More than 1000 people have died in West Africa following the current outbreak of Ebola which began in March 2014. Guinea, Sierra Leone and Liberia

Arbitration clause in LOU held to replace charterparty arbitration clause

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

The Claimants had claims for cargo damage against the vessel Owners arising under four bills of lading. The vessel was the subject of a chain of

Owners fail to set aside summary judgment against them in respect of costs of additional damages proceedings in Greece

  • Reed Smith LLP
  • -
  • Greece, United Kingdom
  • -
  • August 11 2014

In Starlight Shipping Co v Allianz Marine & Aviation Versicherungs AG (The Alexandros T)2014 EWCA Civ 1010, Owners appealed against a summary

Extension clauses in FOB contracts

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • August 11 2014

The High Court has recently considered the purpose and effect of the GAFTA FOB contract "Extension of Delivery" clause, which entitles a buyer to