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August 6, 2026
Supreme Court confirms Buyers’ right to loss of bargain damages
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... Read more >
June 29, 2026
Selling Ships in a Sanctions Era – What does a seller need to do to minimize potential exposure to sanctions if the vessel ends up trading in Russia?
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... Read more >
June 19, 2026