In a survey conducted by global law firm Reed Smith in 2018, industry participants were asked: What is the greatest challenge facing the shipping industry in the next five years? The findings have been published on www.reedsmith.com in a report titled …
The implementation date for the MARPOL Annex VI Regulation 14 sulphur cap is fast approaching. There are two key dates to keep firmly in mind: > On 1 January 2020, the limit for the sulphur content of fuel used on board a vessel operating outside o…
BIMCO 2020 Sulphur Clauses: “A fair allocation of responsibilities and liabilities”? Read More »
BIMCO has last week released its two eagerly awaited standard clauses (the ‘2020 Marine Fuel Sulphur Content Clause for Time Charter Parties’ and the ‘2020 Fuel Transition Clause for Time Charter Parties’). Both are intended to address the Internationa…
2020 Fuel Transition Clause for Time Charter Parties Read More »
In a landmark ruling that has brought welcome clarity to a legal ‘hot topic’ that has been debated for many years, the English Court of Appeal has now upheld the first instance decision of the Admiralty Court in The Alkyon. WFW acted for the successful…
The main parts of a laden charterparty transit are the carrying voyage and the discharge. Owners take the cost risk of the first of these and (with aggregate laytime for all cargo operations) the second is charterers’ concern. To see who pays for what,…
The cost of congestion Read More »