An update on the IMO’s proposed Polar Code
Global warming in recent years has resulted in increased maritime traffic in the Northern Sea Route (“NSR”). Whilst the NSR offers both time savings in terms of voyage duration and also bunker cost savings, navigating the Arctic presents a number of challenges for the shipping industry and raises a number of safety and environmental concerns.
Court of Appeal considers whether dishonouring LC bank has title to sue under indorsed bill of lading
07.11.2014 | International Trade & Commodities
This article reviews the Erin Schulte judgment which has important implications for all traders who rely on letters of credit for payment security in their sale and purchase transactions.
Commercial Court rules on buyers rights to extensions of time under GAFTA 49
06.11.2014 | International Trade & Commodities
This article reviews the recent decision from the Commercial Court with regard to the construction of Clause 8 of the popular GAFTA 49 form; in particular, on the nature and scope of a buyer’s right to extend the delivery period under that clause.
Bill of lading “law and arbitration” clause incorporates charterparty court jurisdiction provision
06.11.2014 | Shipping
This article reviews a case in the Court of Appeal that considered whether reference in a bill of lading to the incorporation of a “law and arbitration clause” was effective to incorporate a law and court jurisdiction (not arbitration) clause in a charterparty. This dispute concerns a claim for cargo damage of around US$1 million under a bill of lading on the Congenbill 1994 standard form.
Shipping E-Brief Autumn 2014
The shipping e-brief is a quarterly publication providing you with key information on legal decisions and developments in shipping and related business areas.
Employment Law Update Autumn 2014: Legislative changes
30.10.2014 | Employment, Business & Finance
In our Employment Law Update, Autumn 2014 we outline the latest legislative changes. These follow the trend of recent years to extend family-friendly rights and employee protection.