This recent arbitration is worth a read for those interested in disputes arising under the Inter Club Agreement (“ICA”). The facts are not of huge importance save to say that this is one of the many soyabean damage claims that come across the desks of our P&I Club... Read more >
Yes another dispute on the wording of the Inter Club Agreement which is of course designed to reduce disputes! This time the issue involved the meaning of the words “similar amendment” in Clause 8(b) which of course makes charterers 100% liable for cargo claims... Read more >
Those who follow us may have seen our take on a recent arbitration decision where the security provisions of the 2011 Inter Club Agreement were not incorporated. Basically the incorporation words in the charter were deemed not extensive enough. This has caused some... Read more >
As many of our followers will know, the Inter Club Agreement (ICA) is invaluable as a rough and ready way of apportioning responsibility for cargo claims arising as a consequence of the carriage of goods. The purpose of the ICA is to allow the carrier under the... Read more >
Answer – it depends on the words of incorporation used. At least that was the result in London Arbitration 18/18. In this case Owners, having secured the cargo claim, demanded counter security from Charterers. The 2011 ICA expressly states that counter security... Read more >