Markel to acquire The MECO Group
The Shareholders of the MECO Group, have agreed to sell their shares to Markel International, part of the Markel Group…
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,
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…
DEMURRAGE – THAT’S YOUR LOT! OWNERS GET BLISS – BUT THEN MISS.
The case centered on who, between Owners and Charterers, would bear a USD1 million cargo claim brought by receivers when…