Maritime insights and claims intelligence from Singapore
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…
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…
We had the opportunity to present this paper at the recently concluded ICMA XXII at Dubai which was wonderfully hosted by DIAC. We are indeed grateful for this opportunity given that we had been propounding this in a series of…
We attended SCMA’s seminar conducted on 31st Aug 2023 on “Unfolding Conversations : To Arbitrate or to Mediate?” in which some participants suggested for the inclusion of the right to appeal on a point of law for Singapore arbitrationsi and/or…
In the FIM Bank p.l.c v KCH Shipping Co. Ltdi, the English Court of Appeal upheld the decision of the first instance judge confirming that the time bar provision in Article III Rule 6 of the Hague Visby Rules (“HVR”)…
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…
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…
We recently came across this article, Does the Bill of Lading truly afford securityi, and which highlights the issues related to mis-delivery of cargo. Since then, there have been other cases decided both at the UK and Singapore courts and…
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…
The basic rule is that a contract is meant to be performed. It does not matter that the contract has become more difficult or expensive to performi. A key exception to this basic rule is frustrationii. Accordingly, an Owner of…
Background: THE SAFIR 1, a container vessel owned by Safeen Feeders 30 Ltd, whilst on charter loaded containers at Nhava Sheva and then sailed to Mundra for both discharge and loading of containers. On 22nd Feb 2023 after loading of…
In our earlier article, The Ever-Given Mela – IIi, we mentioned that the appointed Average Adjusters collected GA Guaranteesii from insured cargo interests which incorporated a LMAA arbitration. With respect to the wordings of the GA Bond sought from the…