Sorting out the law and jurisdiction following a ship collision is one the most important things to deal with in the immediate aftermath of the casualty. It’s sensible to record any agreement in the form of a Collision Jurisdiction Agreement, often on the standard... Read more >
In a significant case for oil traders, the English Commercial Court has provided useful guidance on the legal consequences arising from the delivery of off-spec fuel oil, as well as the classification of fuel quality terms in sale contracts. Galtrade Limited v BP Oil... Read more >
Alpha Marine Corp v Minmetals Logistics Zhejiang Co. Ltd (The M/V Smart) [2021] EWHC 1157 (Comm) The English Commercial Court has held that a contractual carrier under a bill of lading has an unrestricted right to collect bill of lading freight, even where freight is... Read more >
What happens when two clauses for the sale of fuel oil appear to contradict each other? Does one prevail over the other or do they work in tandem together, with one qualifying the other? How should the parties to a contract approach such a contradiction? These... Read more >
The personal guarantee is a mainstay of traditional ship finance. However, it is rare for banks to enforce such guarantees. In a recent case (1) the Commercial Court handed down a judgment upholding a bank’s claim against a personal guarantor. The case concerned... Read more >