One of the topics examined in the Fellowship examinations of the Association of Average Adjusters Examinations1 is on the effect of underinsurance for insurance payouts in a Hull policy for General Average (“GA”) after the application of a deductible. As there…
In a bid to decrease the logistical costs, Indian Customs directed the Terminals to allow both Container importers and exporters to make direct payment of the Terminal Handling Charges (“THC”) instead of doing it through the Shipping Lines/Container Operators (“CO”)i.…
In order to manage their liability exposures, Carriers and Logistics Service Providers (“LSP”) usually contract using boilerplate wordings / Standard Trading Conditions (“STC”) which provide for both a time bar and limitation of liability. The advantage of incorporating such clauses…
(gtag.js) The recent Wuhan Coronavirus will indeed be a stress test for many supply chains given that the effect is not only restricted to Wuhan but has also spread to many parts of China. There is lot of information readily…
Mr Ismail1 had earlier written on Seller’s Interest Insurance and this is his secound guest article. We hope to see more guest posts2. Letters of credit have been the linchpin of commerce for well over a century, with the seller…
This article focusses on some of the common issues faced in Voyage Charters, namely, Notice of Readiness (“NOR”) and Commission due to Brokers. NOR: We recently attended a dinner organized at Singapore for members and well-wishers of Association of Maritime…
This is a short summary of the above post. Issues frequently arise relating to the release of cargo without Original Bills of Lading and Switch Bills of Lading. This post discusses some of the issues.
One of the common topics in all most all shipping conferences is on “Container Fires”. In the seminar on “Resolving Disputes, Claims and other issues in Containerized Cargo Shipping, Multi-modal Transport, Logistics” conducted in late August this year at Mumbai,…
We recently had an opportunity to share our thoughts on this subject at a seminar on “Resolving Disputes, Claims and other issues in Containerised Cargo Shipping, Multimodal Transport, Logistics” conducted at Mumbai, India by Hinode Events & Services Pte Ltd. The…
Presentation on Transport Operators Liability Cover – what is and what is not covered? given at AMTOI, Mumbai, 27 Aug 2019