Category Nau Newsletter

The Midnight Clause

The focus on any business negotiation is to try and reach an agreement at the earliest opportunity. This being the case, attention would be mainly on the provision of the product/service and the price to clinch the deal. Once parties…

Electronic Bills of Lading – 3

We had earlier published on Electronic Bills of Ladingi(“eB/L”) and our intention in publishing this article is not to cover what has been stated earlier. We are happy to see that the number of service providers/platforms for eB/L’s continue to…

The Bigham Clause

Following a casualty, a vessel may need to be repaired to continue with the voyage. Invariably, some of the costs incurred during repairs of the vessel would fall for consideration under a General Average (“GA”), if declaredi. Owners may sometimes…

All about Freight

Both Operators involved in voyage charters and Liner Operators provide services in return for payment of freight. Issues do commonly arise, particularly, when cargo interests refuse to pay freight or pay a reduced freight due to either damage to cargo…

Electronic Trade Documents

The English Parliament recently legislated the Electronic Trade Documents Act so as to allow for electronic documents including Electronic Bills of Lading to be legally recognised. Other countries, such as Singapore, had earlier legislated the Modern Law on Electronic Transferable…