Sanctions relief agreed under Joint Comprehensive Plan of Action
21.07.2015 | International Trade & Commodities, Shipping
On 14 July 2015, after almost two years of discussions, China, France, Germany, the Russia Federation, the UK and the US reached agreement with the Islamic Republic of Iran to lift sanctions in exchange for Iran restricting its nuclear programme to purely peaceful purposes.
Sale of Goods Act does not apply to bunker supply contracts - claims for unpaid bunkers under bunker supply contracts are straightforward claims in debt where the passing of property is not required
14.07.2015 | Shipping
In a surprising decision handed down on 14 July 2015, the Commercial Court has ruled that standard form bunker supply contracts are not contracts for the sale of goods within the scope of the Sale of Goods Act 1979 (“SOGA”).
Shipping E-Brief Summer 2015
13.07.2015 | Shipping
The shipping e-brief is a quarterly publication providing you with key information on legal decisions and developments in shipping and related business areas.
GAFTA default clause and assessment of damages: Supreme Court hands Sellers a golden victory
06.07.2015 | International Trade & Commodities
The Supreme Court has recently ruled that the Buyers under a sale contract on GAFTA 49 terms could only recover nominal damages for the Sellers’ wrongful cancellation of the contract.
Do cancellation rights under voyage charterparty survive re-nomination of load port?
25.06.2015 | Shipping, Charterparties
The Commercial Court has considered whether cancellation provisions in the BEEPEEVOY3 charterparty form were applicable in the event of re-nomination of a load port by charterers under the charter.
Risk and responsibility: who’s on the hook for poor loading and discharge?
25.06.2015 | Shipping
In this case, the Commercial Court considered a preliminary issue of contractual interpretation and ruled emphatically on the responsibility for loading and discharge in the standard Synacomex 90 Form.