NEWS AND EVENTS / NEWS / PIRACY: THE COMMERCIAL COURT RULES THAT VESSEL CHARTERED ON NYPE TERMS REMAINS ON HIRE WHILST DETAINED BY PIRATES

Pirates

Piracy: the Commercial Court rules that vessel chartered on NYPE terms remains on hire whilst detained by pirates
Friday 11 June, 2010

In an important ruling for the maritime industry, the London Commercial Court has upheld the unanimous decision of an arbitration tribunal that a vessel seized by pirates remains on hire whilst under the control of the pirates.

Click here to read the full report on this case, in which Ince & Co acted for the successful Owners.


You can also listen to this article via the
Shipping Podcast, or download it directly here:

London Court rules that a vessel chartered on NYPE terms remains on hire whilst detained by pirates.mp3

3rd International LNG Shipping Conference 2012 - Current & Future Opportunities: Is the Best Still to Come?

Date: Monday 20 - Wednesday 22 February, 2012
Location: Jumeirah Carlton Tower Hotel, London

Ince & Co partners Kevin Cooper and Stephen Askins, senior associate Victor Fenwick and solicitor Penny Cygan are hosting a pre-conference workshop on “Crisis Management: protect your assets”. The workshop will provide guidance on planning emergency response which includes collision and piracy incidents.

The 22nd Annual Insuring Export Credit & Political Risk

Date: Wednesday 29 - Thursday 01 March, 2012
Location: Hilton London Tower Bridge Hotel

Ince & Co partner Carol Searle and consultant Tony George are speaking at the Insuring Export Credit & Political Risk conference.

Yacht Insurance Seminar: A Practical Guide to Yacht Insurance

Date: Wednesday 29 - Thursday 01 March, 2012
Location: Prospero House

Ince & Co partner Daniel Jones will be speaking during the spotlight session on “The Yacht Refit – Insurance Issues”. The session will examine what happens when the yacht goes into refit, the new standard form contract, insurance obligations, common terms, ship repairs legal liability insurance and the waiver of subrogation requirements.

4th Chemical and Product Tankers conference

Date: Tuesday 06 - Wednesday 07 March, 2012
Location: London

Ince & Co Partner Stephen Askins will be speaking at the Chemical and Product Tankers conference on Piracy.

The 2nd Scandinavian Shipping & Ship Finance Conference 2012

Date: Wednesday 25 - Thursday 26 April, 2012
Location: Marriott Hotel, Copenhagen

Ince & Co partners Michael Stockwood, Kevin Cooper, Stephen Marais and Vincent Xu are hosting a one day pre-conference workshop on “Key strategies to achieving a consensual agreement maximising the benefits for both banks and owners”. The workshop will explore three key themes; restructuring shipping loans, enforcement, and issues relating to Chinese finance and involvement with Chinese shipyards.

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