The cargo misdelivery claim in Trafigura Maritime Logistics Pte Ltd v. Clearlake Shipping Pte Ltd (Miracle Hope) [2022] EWHC 2234 (Comm) gave rise to various issues under the letters of indemnity (LOIs) that had been given in order to secure delivery o…
Realities of LOI liabilities Read More »
Article III r.6 of the Hague-Visby Rules provides that claims against the carrier are time-barred unless suit is brought within 12 months of the date of delivery or the date when the goods should have been delivered. However, does this apply to claims …
Time bar finding sets precedent Read More »
One might reasonably have thought that the decarbonisation regulations and IMO goals, together their impending deadlines would have started to make an impact. In fact, gross carbon emissions are rising – they rose by 4.9% just last year. It is clear, t…
Over the past decade, ship leasing has grown to become a significant substitute as a provision for financing of ship acquisition. The ship leasing market is projected to further grow at a rather significant pace in the near future, with the expansion o…
Can India be a shipowners’ market? Read More »
The unprecedented demand for container slots fuelled by an increase in consumer spending and port congestion has caused containership rates to rocket in 2021. With the industry resorting to alternatives to satisfy global demand, Ian Short, Director, an…
If the containers fit, they ship? Read More »