Insights

In recognition of a marked increase in ship arrests, the BIMCO Documentary Committee has developed two clauses which seek to prescribe a fair balance of risk and responsibility between owners and charterers in the event of an arrest.

All change? An early assessment of the new English Court disclosure regime.  It has now been six months since the Business & Property Courts formally commenced a two year pilot scheme for...

Dire Straits? Charterparty implications of the recent attacks in the Gulf. The recent spate of attacks on tankers in the Straits of Hormuz has brought into stark relief the risks faced by shipowners...

As the clock counts down ever closer to 2020, when ships will need to comply with the reduced bunker sulphur content cap of 0.5%, Members are advised to give careful thought to their charterparty provisions with a view to minimising scope for contractual disputes.

Hong Kong and China have entered into a new mutual agreement whereby parties engaged in arbitration in one jurisdiction may take steps to preserve assets of their counterpart in the other jurisdiction by way of interim relief. This is likely to provide litigants with a useful additional method of securing assets in advance of an award.