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Results: 1-10 of 335

A timely lesson: understanding how a sale contract dispute may have serious financial consequences beyond that contract alone
  • Reed Smith LLP
  • United Kingdom
  • August 17 2015

In the recent case of Sang Stone Hamoon Jonoub Co Ltd v Baoyue Shipping Co Ltd (2015 EWHC 2288 (Comm)), Mr Justice Males provided direction on the


Cargo owner has no claim for conversion where a shipper has discharged cargo into storage due to cargo owner’s failure to present a bill of lading
  • Reed Smith LLP
  • United Kingdom
  • August 11 2015

The dispute related to a cargo of iron ore carried from Iran to China by the Defendant Shipper. The bill of lading had been issued “to order”, with


When is a "contract for the sale of goods" not a contract of sale of goods?
  • Reed Smith LLP
  • United Kingdom
  • July 31 2015

A recent decision in the English Commercial Court has potentially significant ramifications for the shipping and trading industry. This decision will


“At the expenses and risk of Charterers” what does this mean?
  • Reed Smith LLP
  • United Kingdom
  • July 8 2015

The decision of Mr. Justice Flaux in (1) Societe de Distribution de Toutes Merchandises en Cote D'Ivoire trading as "SDTM-CI" (2) Kouma Assitan (3


Charterers held to have lost right to cancel where revised loadport orders given
  • Reed Smith LLP
  • United Kingdom
  • June 5 2015

The charter, on BPVOY3 form, provided that subject to the provisions of clause 24, the vessel would proceed to “12 safe port(s) Black Sea excl


Court of Appeal holds standard clause in bills of lading to be exclusive English jurisdiction clause
  • Reed Smith LLP
  • United Kingdom
  • April 29 2015

The Appellant Freight Forwarder commenced actions in China under 70 bills of lading, which incorporated the Respondent’s standard clauses. Clause 23


Is payment of time charter hire a condition? “The Astra” re-considered
  • Reed Smith LLP
  • United Kingdom
  • March 26 2015

In Kuwait Rocks Co v AMB Bulkcarriers Inc (The Astra) (as reported in a previous post), the court determined that the obligation to make punctual


Loss of cargo due to piracy held not to be an “in-transit loss”
  • Reed Smith LLP
  • United Kingdom
  • March 5 2015

The subject vessel was chartered to carry a cargo of oil from Abidjan, Ivory Coast to Lagos, Nigeria. Clause 46 of the charter (on an amended BPVOY3


Court considers the documents required to be supplied in support of a demurrage claim under BPVOY4
  • Reed Smith LLP
  • United Kingdom
  • March 2 2015

Owners and Charterers had entered into a voyage charter on the BPVOY4 form. The charter contained the following provisions: Clause 19.7.1: demurrage


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