22/02/2021
The recent decision from Sir Ross Cranston in Doglemor Trade Ltd v Caledor Consulting Ltd has drawn attention to the options available to parties who believe an arbitration award contains a mistake.
16/02/2021
In January, 2020 the Supreme Court issued judgment in a test case relating to the interpretation of various insurance policies concerning business interruption due to the COVID-19 pandemic.
05/02/2021
It is common for parties to reserve their rights in general terms where a dispute is developing. This is often thought to protect a party’s rights under the applicable charterparty. However, in a recent case, the High Court held that the charterer had lost its entitlement to rescind the charterparty for misrepresentation, even though the charterer had expressly reserved its rights. Podcast also available.
03/02/2021
We recently reported on the sanctions newly imposed on the Maritime Authority of Venezuela, INEA. OFAC has now issued General Licence 30(A) which authorises transactions and activities that are "ordinarily incident and necessary to operations or use of ports and airports in Venezuela".
03/02/2021
Recognising that the existing sanctions clauses for time and voyage are not appropriate for the unique nature of liner trade, BIMCO has now issued a bespoke clause which seeks to cater for that trade’s specific characteristics.