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Industry experts get together to give valuable guidance on use of low sulphur fuel.

Followers of our Blog will be aware of the concerns facing ship owners, operators, charterers and suppliers as a result of the rapidly approaching 1 January 2020 MARPOL deadline. In anticipation of this change, industry experts from the International Chamber of Shipping, BIMCO, the International Group of P&I Clubs, INTERTANKO and others have collaborated to [...]

August 30th, 2019|

Where should an arrived ship tender Notice of Readiness?

It’s common practice for an owner (or a party in the position of owner) to tender Notice of Readiness (“NOR”) at the earliest possible opportunity. Not only does this avoid potential cancellation by the charterer, it also starts the clock running on the free time available to the charterer before they have to start paying [...]

August 28th, 2019|

First Seminar in New Office.

It was a pleasure to welcome Juthathawat (Tor) Pengsri, Head of Legal & Claims from Thoresen Shipping, and all our friends from London P&I Club at our new office in the heart of the City. After a short seminar on the pitfalls of withdrawing ships from time charters hosted by David McInnes we adjourned for a [...]

August 21st, 2019|

The Pigeons Fight Back!

Those of you who regularly read our blog may have seen our earlier article “Indonesia sets the cat amongst the pigeons!” regarding the Indonesian government’s decision not to enforce the IMO 2020 sulphur cap regulations on Indonesian flagged vessels plying domestic routes. Yesterday, in a quick turnaround, the Indonesian Ministry of Transport announced that the [...]

August 21st, 2019|

New Convention to give effect to settlements reached through Mediation

The United Nations (UN) Convention on International Settlement Agreements Resulting from Mediation (Singapore Convention) was signed on 7 August 2019 by 46 countries including the economic power houses of China and the USA. However, so far neither the UK nor any of the other EU nations have signed-up. The Convention will come into force 6 [...]

August 15th, 2019|

Is the future all about funding?

As litigation specialists we can’t ignore the rise of litigation funding. Litigation was once shrouded in mystery. It’s now the growth area for private equity. Where else can one invest US$1M in something that potentially generates US$10M over a 3-4 year period? Of course there are substantial risks involved in litigation. It is after all a form [...]

August 12th, 2019|