In our earlier article on “Pay to be Paid rule – An Anachronism?” we had suggested that with the implementation of the Insurance Act 2015, the “Pay to be Paid” rule found in P&I Club Rules would become redundant. We…
Presentation given on the Subject “Insolvency in Shipping” at the Maritime Knowledge Shipping Session 34 on 21 Feb 2017 conducted by General Insurance Association of Singapore and Singapore Maritime Foundation. download now
This article will consider the effect of the “Pay to be Paid” rule found in the Rules of the P&I Clubs and whether the protection granted to the Clubs in case of insolvency of the Member survives after the implementation…
One of the changes in the York Antwerp Rules 2016 vis-à-vis the earlier Rules is the provision of interests to be on the basis of a 12 month LIBOR rate for the currency in which the adjustment is prepared +…
Hanjin’s bankruptcy has been in the limelight for quite some time. The management of Hanjin is making arrangements to discharge the cargo on board the vessels at the nearest port so as to terminate the voyage. However, some Hanjin vessels…
This is a continuation of our earlier article “The Hanjin Debacle -1”. By way of an update, we understand that barring a few Hanjin vessels under arrest, containers have been discharged by Hanjin at various ports and they have asked…
Presentation given at IIMS Dubai on 19 Sep 2016
Presentation was given in Seminar on “Interfacing Shipping & Services” organised by Institute of Chartered Shipbrokers – East India Branch at Kochi on 27 Aug 2016 Download Now
This is a continuation of our earlier article (Arbitration for Liner Contracts) which argued that Arbitration is indeed suitable for Liner Contracts. In this article, we look at the possible issues which may arise with respect to enforcement of arbitration…
Service Providers (Contractual Carriers and Freight Forwarders) may provide haulage services (Road/Rail or Water) in addition to the Ocean carriage. This article focuses on Road haulage provided by the Contractual Carriers (“CC”) and / or Freight Forwarder (“FF”) to facilitate…