Bills of lading are a crucial part of the security package traditionally sought by trade finance providers. However, the nature and extent of the contractual rights and obligations transferred to a finance party holding bills of lading are complex. In …
WFW briefing: Do arbitration agreements in bills of lading bind their holders? Read More »
In a recent important decision of the Admiralty Court in London, NatWest Markets Plc v Stallion Eight Shipping Co. S.A., in which Watson Farley & Williams acted for the successful party, the Court upheld the longstanding practice of not ordering co…
No Cross-undertakings in Damages for Ship Arrests Read More »
The scenario By process of ship-to-ship transfer, the owner discharged a cargo of bunker fuel onto another vessel without production of an original bill of lading. The actual bill of lading successfully incorporated a charterparty clause providing for …
Deep Sea Maritime Ltd v Monjasa A/S (The Alhani) Read More »
In a survey conducted by global law firm Reed Smith, industry participants were asked: Which technology will be the most significant driver of change over the next five years? The industry responded that analytics of big data and technology to address …
In an important judgment issued on 15 June 2018 the English High Court held that a shipowner who misdelivered cargo to a third party without production of the bill of lading can still avail himself of the time bar protection prescribed by Article III R…