Maritime insights and claims intelligence from Singapore
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…
Presentation given at ICS Middle East Branch on 18 Sep 2016 Download Now
While businesses work certainly better without disputes, differences do arise leading to disputes. The various alternatives available to resolve disputes are Negotiation, Mediation (which is the purpose of this topic), Expert Determination, Arbitration and Litigation. There appears to be increasing…
Presentation given to the Singapore Branch of Institute of Chartered Shipbrokers on 23 June 2016 Download Now
Arbitration is invariably the default dispute resolution method for disputes arising under a Charterparty. However, for Liner contracts, we rarely see use of Arbitration and this may be due to the perceived imbalance between the parties and / or due…
In a recent case (Shangang South – Asia (Hong Kong) Trading Co Ltd v Daewoo Logistics [2015] EWHC 194 (comm)) which dealt with the variation of the arbitration clause in Gencon C/P 1994, the English High Court held that the…