Category Nau Newsletter

This article discusses on ADI and what more could be done to ensure that the recovery matches the loss.

This article discusses on the changes to the wordings of Letter of Indemnities of Container Carriers to facilitate the various documentary processes

Webinar conducted on 11th April 2020 by the Middle East Branch of the Institute of Chartered Shipbrokers in which I participated as a speaker. The Webinar can be viewed by clicking at               

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.