Nau Newsletter

Presentation given during a webinar conducted on 18th March 2026by the Madras Chamber of Commerce & Industry and which can be viewed by clicking this hyperlink.      

We recently came across a trade advisory from a leading container feeder/vessel operator (VO) requiring NVOCCs (NVOs) to provide proof of at least USD 5 million in third-party liability coverage - or face rejection of their SOC bookings.

We had the opportunity earlier to listen to the talk of Ms Nanami Hara, Fellow of the Association of Average Adjusters (“AAA”), and who spoke on “Ballast General Average – No Cargo? No Problem!”. For those interested in learning more…

When we recently reviewed a Singapore travel insurance policy, we noted that it provided for SIAC arbitrationi as the Dispute Resolution process. While we generally support arbitration as an efficient means of resolving disputes, we were somewhat surprised by this…

During our recent visit to Chennai, we had the opportunity to interact with the trade during two events, one conducted at the Southern India Chamber of Commerce and Industry (commonly known as SICCI) and the Madras Branch of the Institute…

Talk given at the Southern India Chamber of Commerce and Industry on 18th Dec 2025 Risks_JaganV2  

Talk given at Institute of Chartered Shipbrokers Chennai Branch on 18 Dec 2025 Sea of Change.181225

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…