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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
Laytime and Demurrage – What happens if no valid NOR is tendered?
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... Read more >
June 18, 2026
Limitation – UK versus US law!
Two recent cases illustrate the different perceptions that clients have when it comes to potential rights to limit liability under UK and US laws. Take first the recent decision of Mr Justice Andrew Baker in The Solong (1) . This case tells us that, as a matter of... Read more >
June 15, 2026