On 24 May 2023, the Court of Appeal handed down an important decision in The Giant Ace1, relating to discharge of cargoes without presentation of bills of lading, that will be of interest to traders, banks, shipowners and charterers alike. In its judgment, the Court... Read more >
In a decision capturing the interest of financing banks, shipowners and cargo interests alike, the Court of Appeal has upheld the High Court’s decision dismissing Unicredit’s claim for damages against Euronav N.V. for delivering cargo to a third party without the... Read more >
We previously reported on the High Court and Court of Appeal’s decisions in one of the last Somali ransom cases still in the Court system. The Court of Appeal held that a war risks provision in a charterparty did not constitute an agreement that the owners would not... Read more >
A reminder to all that when the time comes the Courts will read exclusion clauses carefully and seek to give effect to the words used in the context in which they are used. We see many examples of exclusion clauses that are vague and ambiguous. That opens the way to... Read more >
Attorney General of the Virgin Islands v Global Water Associates Ltd (British Virgin Islands) [2020] UKPC 18 Global Water Associates Ltd (“GWA”) entered into two contracts with the Government of the British Virgin Islands (the “Government”). Under the first contract... Read more >