June 1, 2022
court of appeal
Latest Articles
April 4, 2022
Shipbuilding Contracts – Guarantors beware!
Guarantees go hand in hand with shipbuilding contracts. In most cases, the yard agrees to build the ship in exchange for regular payments handed over by the buyers/ their financiers. Those payments are secured by way of refund guarantees which give the buyers/their... Read more >
February 23, 2022
Limitation of Liability – who is the “operator” of the vessel?
The Court of Appeal has provided much-needed guidance on the meaning of an “operator” within the Limitation Convention. In so doing, it reversed Teare J’s first instance decision which we previously reported on here. The Court of Appeal held that the term “operator”... Read more >
January 25, 2022
Incorporation of insurance provisions into bills of lading: shipowner entitled to seek piracy ransom payment from cargo owners
Readers of our blog may recall that in January 2021 we reported on one of the last Somali ransom cases still in the Court system1 . At that time, Teare J overturned an arbitration award in which it was held that a war risk provision in a bill of lading amounted to a... Read more >
December 1, 2021