Following a casualty in which salvage services were engaged, Salvors would seek adequate security prior to releasing the property involved in the adventure. We had earlier written on a similar topic, Salvage & General Average – Excessive Security, and are…
The Cherry Express was in the news in the early party of this year (2025). This loss is related to damage to cargoes of Chilean Fruit (perishable cargo in reefers) loaded in Maersk Saltoroi and which became adrift for 23 days…
The term “counterfactual” came into prominence after the English judgement on Unicredit Bank A.G. v Euronav N.V. (“The Sienna”). This word was used once in the High Court Judgement (Para 17) and six times in the Court of Appeal judgement.…
Often claims do arise in which there are multiple interests, some of which insured by single or multiple insurersi and some uninsuredii. Mature marine insurance covers have the benefit of experience and have developed various adjusting principles to apportion the…
For the early part of my career, I was unable to distinguish the difference between “of” and “for”, particularly, when it was used either for Contract of or for Carriage. This may be understandable given that English is not my…
Webinar conducted by AMTOI on 11 April 2025
This article is written for AMICIE (Association of Maritime International Commercial Interests & Expertise) which the author is a member of. AMICIE is conducting a seminar at Mumbai on Crew Welfare on 27th September 2025 at Mumbai, India and we…
Arbitration is the preferred dispute resolution method for most shipping contracts such as Charterparties (“C/P”) and with clauses allowing choice to parties to choose both the seat of the arbitration and the rules such as LMAA/SCMA/HKMAG… to govern the procedure.…
AMTOI celebrated its biennial annual day on 06th Aug 2025 at Mumbai, India, and which we were fortunate to attend. We wish AMTOI every success in catalyzing multimodalism and which is what their moto is. Our attendance at the AMTOI…
Recently one of the Average Adjusters collecting security for a GA advised that they wished to collect security for containers based on the values proposed by a large UK Insurer. Given that the valuation of our clients differed, our clients…