A Non Vessel Operating Common Carrier (“NVO”) would generally book with an overlying carrier on similar termsi such that should they face any exposure for damage to the cargo from the downward contractual parties/cargo interests, they could look for an indemnity…
We recently had the privilege to attend two insightful webinars, “The Future of Electronic Bills of Lading” and “Reimagining Bills of Lading for the 21st Century”. These sessions delved into the growing relevance of Electronic Bills of Lading (E B/Ls). Additionally,…
Recently, we came across a container casualty in which the security demanded was for 80% of the value of the property (50% Salvage and 30% GA)i. While the request for security may indeed be valid, our thoughts are that seeking…
General Averagei (“GA”) is a long-established principle of Maritime Law and is available as of right and which means that even if it is not provided in the contract (contract of affreightments / Bills of Lading (“Bs/L”)), parties in a…
This article is a joint article in the form of a debate with Ashwin Shankeri (“Ashwin”) who argues that Arbitration may not be the best fit for container liner disputes and with Jagan arguing that at the present moment, arbitration…
Time and again, we come across Carriers or Cargo interests pursuing a Freight Forwarder (“FF”) for container detention and storage charges accrued due to the Shipper / Consignee: unable to load at load port within the time allowed not being…
We have been advocating arbitrationi as the preferred dispute resolution process for Liner/NVO Bills of Lading (“Bs/L”) for the past few years as we remain convinced that this form of dispute resolution is both cost effective and efficient to deal…
We had earlier penned an article on Shipped on Board Date. Given that we recently encountered further queries on this topic and have had the opportunity to view the latest article of The Shipping and Freight Resource on Should the…
International Shipping has become increasingly specialized, and which has led to many parties including Owners of vessel being involved in the trading for freight. The other parties include Charterers, Operators, NVOCC’s, etc. In the Bulk trades, the Bills of Lading…
Many a times parties believe that they are acting in one specific role i.e. as Agenti but when the facts or contractual documents are reviewed, sometimes they find that they are also a party to the contract. A party can…