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Results: 1-10 of 86

What is your broker up to? Broker found to have authority to enter into a fixture and guarantee
  • Reed Smith LLP
  • United Kingdom
  • February 27 2015

After extensive negotiations, London brokers fixed a 10-year charterparty on behalf of their principals, the Charterers. The Charterers were named as


High Court rules on inconsistency in charterparty arbitration clauses and applicable curial law
  • Reed Smith LLP
  • United Kingdom
  • February 16 2015

The Respondent Owners chartered their vessel to the Claimant Charterers by a fixture note, clause 23 of which stated, “ARBITRATION: ARBITRATION TO BE


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


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


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


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


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


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


Tribunal rules on breach of consumption warranty in NYPE trip time charter
  • Reed Smith LLP
  • United Kingdom
  • February 14 2014

The subject vessel, a new build which had just entered service, was chartered on an amended NYPE form for one time charter trip. Clause 29 of the