Shipping E-Brief July 2020
The Shipping E-Brief is a publication providing you with key information on legal decisions and developments in shipping and related business areas.
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Featured news & insights
News / Court construes International Group’s standard LOI wording in context of charterparty chain
10-06-2020 / Maritime
Trafigura v. Clearlake and Clearlake v. Petrobras (Miracle Hope)  EWHC 995 (Comm)
News / Court finds ship operator can limit liability
01-06-2020 / Maritime
(1) Splitt Chartering APS (2) Stema Shipping A/S (3) Maibau Baustoffhandel GmbH (4) Stema Shipping (UK) Limited (Claimant) v. (1) Saga Shipholding Norway AS (2) RTE Reseau De Transport D’Electricitie SA and others (Stema Barge II)  EWHC 1294 (Admlty)
Insights / The limited fiduciary duties of intermediary brokers
06-07-2020 / Maritime
In this case, negotiations for the chartering of two vessels took place via a number of brokers.
Insights / When is a shipper not a shipper?
24-06-2020 / Maritime
A party named as the shipper in a bill of lading has successfully argued that it was not the shipper under the contract of carriage and that its inclusion in the bill of lading was a mistake.
Insights / Court asserts its jurisdiction in marine insurance dispute
29-06-2020 / Maritime
In an insurance coverage dispute, the English Commercial Court has held that the insurers had much the better of the argument that the policies in question incorporated an exclusive English Court jurisdiction clause.
News / No extensions of time for delivery in shipbuilding contracts for buyer-induced delay
07-05-2020 / Maritime
Jiangsu Guoxin Corporation Ltd (formerly known as Sainty Marine Corporation Ltd) v. Precious Shipping Public Co. Ltd  EWHC 1030 (Comm) This recent judgment reinforces some important points concerning the prevention principle, notice requirements for time extensions, and the effect of design modifications and non-payment of instalments under an amended SAJ form. The Court found, on an appeal from an arbitration award, that neither the prevention principle applied nor would the yard be entitled to extensions of time for buyer-induced delays where it had failed to serve appropriate notices or exercise other relevant contractual provisions.
News / Court grants anti-suit injunction in misdelivery claim
08-06-2020 / Maritime
Times Trading Corporation v. National Bank of Fujairah (Dubai Branch) (MV Archagelos Gabriel)  EWHC 1078 (Comm)
Insights / New UK restructuring tool: a potential game changer for the maritime sector
30-06-2020 / Maritime
With some signs of cautious optimism mounting that the shipping industry may have weathered the worst of the challenges posed by the pandemic, companies will need to start considering their restructuring options to ensure that they remain competitive in an uncertain recessionary trading environment.