Author MECO Published on: January 9, 2024 Tags Charterers BIMCO CII Clause for Voyage Charterers – The Key Points This new clause is aimed at helping the parties to cooperate to ensure the vessel complies with its obligations to…
Author MECO Published on: January 4, 2024 Tags Charterers MSC Flaminia – Charterers not entitled to limit liability The Court of Appeal affirmed the High Court decision that charterers cannot limit liability in connection with claims brought by…
Author MECO Published on: October 4, 2023 Tags Charterers Delay at port due to Fog: Does laytime run? We consider when weather conditions such as fog, and low-lying cloud, may interrupt or be considered as an exception to…
Author MECO Published on: September 21, 2023 Tags Aurora Changes to Industry Standard Form Letters of Indemnity A review has recently been conducted of the widely used P&I standard Letter of Indemnity wordings by a committee of…
Author MECO Published on: September 8, 2023 Tags Aurora 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,
Author MECO Published on: August 7, 2023 Tags Charterers Smart Gain Shipping Co Ltd and Langlois Enterprises Ltd – The Globe Danae Where hull cleaning was “always” at charterers’ time and expense, charterers’ obligation to clean survived redelivery and owners were entitled…
Author MECO Published on: June 21, 2023 Tags Charterers 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
Author MECO Published on: May 2, 2023 Tags Charterers JWC Amendment to Listed Areas The Joint War Committee (JWC) The Joint War Committee (JWC) of the IUA and the LMA have reviewed the summary
Author MECO Published on: May 1, 2023 Tags Charterers 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…
Author MECO Published on: March 27, 2023 Tags Aurora 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)