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Insolvent consignees and stoppage in transit
December 3, 2020

Insolvent consignees and stoppage in transit

We have recently been involved in two cases caused by the insolvency of Debenhams and Arcadia and we expect to see more cases due to the precarious state of the retail market. In this context, we wanted to remind our container operator clients that they are at risk if... Read more >
Letters of Indemnity – a necessary evil?
November 26, 2020

Letters of Indemnity – a necessary evil?

Let’s start with the obvious question – what exactly is the Letter of Indemnity (LOI) and why is it important? Very simply, it is a contract which states that a party (in many cases the vessel charterer) will indemnify the other (usually the ship owner) for the... Read more >
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