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Debate resolved: One late hire payment isn’t enough (in itself), but where does this leave owners faced with late payments?

Any uncertainty about whether an owner can automatically terminate a charterparty and claim damages for a single late payment of hire has been resolved by the decision of the Court of Appeal in Grand China Logistics Holding (Group) Ltd v Spar Shipping AS [2016] EWCA Civ 982 (7 October 2016). [click on case name for […]

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US Court denies maritime lien to fuel supplier following OW Bunker collapse   »

While developments in cases involving OW Bunker and its suppliers continue to be presented, Valero is the first ruling issued by a US court deciding against the maritime lien issue in the OW Bunker context. This article was published by the International Law Office and Lexology, authored by Antonio J Rodriguez, Michael Harowski and Ashley […]

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Lifting of sanctions against Iran – what does it mean for you?   »

In the language of  the Joint Comprehensive Plan of Action (JCPOA), the agreement reached between the P5+1 (China, France, Germany, Russia, UK and US), the European Union (EU) and Iran, was that 16 January 2016 was ‘Implementation Day’. Through the JCPOA, the international community has accepted, for the time being, that Iran’s nuclear programme will be peaceful. […]

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Mitigation – what happens when the claimant makes money?   »

The New Flamenco What constitutes mitigation has never been easy to assess. The primary rule, that a claimant must take all reasonable steps to mitigate the loss he suffers as a result of the defendant’s breach, is well understood. In short, a claimant cannot recover for avoidable loss.   More difficult is the principle governing […]

DRY SHIPPING

OW decisions create uncertainty

It is now just over one year since the dramatic collapse of OW Bunker, which has led to considerable hardship for creditor companies and wide-scale legal action. There has been criticism not only of legal judgments handed down in cases arising from the collapse of the company in 2014 and also comparisons between different jurisdictions as […]

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Shipping issues arising out of the Yemen crisis   »

This article looks at the events in Yemen and considers the potential legal implications for vessels calling at or transiting the area.   Latest news in the conflict The situation in Yemen remains fluid and, with events moving quickly, very little is certain. For the maritime industry attention is focused on the south-western tip of […]