On 2 June 2020, we launched our new revamped website which you can visit by clicking here. Our main priority was to make the site less cluttered and to showcase the BDM Blog where we continue to express our, hopefully frank, views. We would like to thank the BDM support team for all their hard work on the website. We are constantly striving to improve our operations and we are very conscious of all the hard work that goes on behind the scenes to keep the wheels moving.
This is an important decision for all those who use the Norwegian Sale Form 2012. The Supreme Court has now held that a Buyer can claim loss of bargain damages under clause 14 of that contract if certain conditions arise. Tracking back, readers of our blog may wish to see wh[...]
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Over the last few years, tanker owners have reaped large profits from selling their older tonnage to (in many cases) newly established buyers who have set up in various jurisdictions ranging from Dubai to Hong Kong. But who are these buyers and what are their intentions for [...]
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This question takes me back to my Ince days when we acted for the owners of the Happy Day in a battle against Richards Butler/Glencore. At first instance (1) , it was held that an invalid NOR tendered by the owners meant that laytime could not run at all and as such there co[...]
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