The MECO Group Regulatory Structure
Earlier this year the MECO Group’s new European subsidiary, the MECO Group (EAA) GmbH, was granted a licence by BaFin,
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CARGO SHIPPERS AND RECEIVERS LIABILITY COVER
Who is this cover designed for? This cover is designed for shippers, receivers, and traders who, when entering into a
TRIBUNAL AWARDS OWNERS’ DAMAGES FOR LOSS OF REPOSITIONING FIXTURE AND BALLAST VOYAGE TO DRYDOCK FOLLOWING LATE REDELIVERY
The recent London Arbitration 1/23 reminds us that bespoke clauses incorporated in time charters may allow owners to recover damages
Pan Ocean Co Ltd v Daelim Corporation
Commercial Court supports Tribunal’s willingness to imply a term preventing charterers taking advantage of their own delays. This case involved…
THE THORCO LINEAGE, A CHANGE OF TUNE ON ECONOMIC DAMAGE TO GOODS UNDER THE HAGUE VISBY RULES
This case concerns the meaning of “loss or damage to or in connection with the goods” under Article IV r5(a)
BIMCO ETSA CLAUSE FOR TIME CHARTER PARTIES 2022
Following the EU Emissions Trading System (“EU ETS”) adopted by the European Union (“EU”), the EU is one step closer…
BIMCO CII CLAUSE FOR TIME CHARTERS ADOPTED – IS IT IN CHARTERERS’ INTERESTS?
As we reported earlier in the year, MARPOL introduced the Efficiency Design Index for Existing Ships (“EEXI”) and Carbon Intensity
NOTICE OF CANCELLATION IN RESPECT OF WAR RISKS
Circular to Assureds (no 001 2022) All parties directly underwriting insurance are ultimately reliant on the support of the global
CHANGE IN SECURITY WITH EFFECT FROM 1 JANUARY 2023
TRANSMARINE will be underwritten by Great Lakes Insurance SE, a Munich Re subsidiary, with effect from 1 January 2023.
GENCON 2022 – A SIGNIFICANT RE-WRITE
First developed in 1922, GENCON underwent its last revision in 1994. That version has since been the most widely used…