Trade & Energy
Our founding members have dealt with disputes involving oil, gas, LNG, metals, mining, grain and soft commodities. We are also familiar with many of the trading problems that can arise as a result of international sanctions.
We handle disputes across a variety of different formats namely LCIA, ICC, DIAC, UNCITRAL, LMAA, GAFTA, FOSFA, LME, Sugar Association, Coffee Trade Federation, London Rice Institute and ad hoc arbitrations. We also manage overseas litigation where required and we have an extensive network of contacts in legally unfriendly jurisdictions where energy and mining claims can arise.
Our team gives advice on issues that arise in connection with the sale and purchase and carriage of commodities whether that be long term supply or “take or pay” contracts, joint ventures, spot trading contracts, hedging contracts, pooling agreements, COA’s and voyage charters, LNG charters and similar.
- Numerous GAFTA and FOSFA arbitrations relating to grain and soft commodity cargoes including hedging issues.
- Dealing with disputes arising under financial hedging instruments such as FFA’s.
- Major dispute with a US based mine over extraction of coal to fulfil a long term COA.
- Major dispute with a bauxite mine in relation to the extraction of bauxite to fulfil a long term COA relating to aluminium production in the US.
- Major dispute over the quality of coal supplied to a major power plant in Turkey.
- Dispute over the quality of fuel oil supplied to vessels resulting in various multi- million dollar claims.
- Dispute over pricing mechanism adopted for sales of grain cargoes from South America and hedging issues.
- Major dispute over quality of soya bean cargo shipped from South America to China under a series of letters of credit.