Hull cleaning by owners after redelivery - at charterers' time & expense?
Hull fouling clauses in charterparties often state that ‘underwater cleaning of hull is always at charterers' time and expense’. What is...
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Just maritime
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Mar 29, 20224 min
What is CII all about?
EEXI is the ticket to the game, while CII is all about playing the game. Either win or try to survive. A loss would mean your ship can't...
210
Mar 28, 20221 min
Demurrage compensates only for lost freight?
If laytime is exceeded, demurrage kicks in to compensate a shipowner for the loss of prospective freight earnings. But is that all...
430
Nov 18, 20212 min
Notice of Readiness (NOR) and what is an 'arrived ship'
Can charterer’s obligation to provide for a berth upon vessel’s arrival be triggered without the Master tendering notice of readiness?...
480
Nov 1, 20212 min
Letters of Credit, Bank's duties & UCP 500
In international trade, a Letter of Credit (LOC) is used to negate the risk of non-payment for goods by the buyer to the seller. Release...
140
Sep 26, 20211 min
Baltic Exchange changing its benchmark vessel impacts hire payment?
If the Baltic Exchange alters the published rate scheme by changing the benchmark vessel during the currency of charter then hire...
00
May 9, 20211 min
Mickey mouse nominations & sale contracts
If an FOB buyer makes a mickey mouse nomination, i.e. nominates a vessel that obviously cannot reach the load port in time, then is it a...
60
Dec 31, 20201 min
Laytime stops if discharge is delayed by government interferences?
Submitting false documents for clearance of cargo is never a good idea. In the case of The Muammer Yagci [2018], it led to a 4.5 month...
70
Dec 31, 20201 min
Shippers, unpaid freight & switch B/Ls
Unpaid freight and switch bills of lading – does the original shipper cease to be liable? llawarra Fortune was voyage chartered by...
20
Dec 31, 20201 min
Piracy ransom & GA contribution by B/L holders
General average is a well known [ancient] concept and cargo owners are always looking at [novel] ways to avoid paying their contribution....
80
Mar 29, 20201 min
Payment for bunkers not remitted down the C/P chain - a risk for owners
It is common to have a string of contracts in the bunker supply chain, which creates a risk of ship being arrested if the payment for...
20
Dec 31, 20191 min
Suppliers & contractual limitation of liability
Can suppliers of marine spare parts rely on the contractual limitation of liability? Well, it depends a lot on the law of the place where...
30
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