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July 3, 2020
Hello operator?
Readers of this blog will know that shipowners and salvors can limit their liabilities under the Limitation Convention 1976, with “shipowner” being defined as owner, charterer, manager, or operator of a ship under Article 1. But what is a manager or operator in this... Read more >
June 4, 2020
What happens when the LOI chain breaks down?
Letters of Indemnity (LOI’s) are commonplace in shipping. Many charters contain a contractual requirement on the ship owner/carrier to discharge the cargo without presentation of an original bill of lading. This exposes the ship owner to risk, namely a risk that they... Read more >
June 3, 2020