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

Risk Management in Shipping: Protecting shipping businesses in an increasingly complex and volatile world

Date: Tuesday 22 - Wednesday 23 May, 2012
Location: Dexter House, London

Ince & Co partners Kevin Cooper and Stephen Askins are leading a workshop on “Responding to and managing a Piracy incident” on Wednesday 23 May.

First BIMCO seminar on GUARDCON

Date: Wednesday 20 June, 2012
Location: London

Ince & Co partner Stephen Askins is participating in the First BIMCO seminar on GUARDCON, the much anticipated GUARDCON standard contract for the employment of security guards on vessels, on Wednesday 20 June.

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