65 Leadenhall Street
London
EC3A 2AD
United Kingdom
Ukrainian and Russian Waters of the Black and Azov Seas
The full summary of the current JWC Listed Areas can be accesses by following this link Link to Circular
If you have any questions either on the above, or the attached then please do not hesitate to contact your usual contact in the Underwriting team.
A recent unanimous decision in RTI Ltd v MUR Shipping BV [2024] UKSC 18, the English Supreme Court has recently overturned an earlier Court of Appeal ruling, and restored a High Court judge’s decision that where there is contractual requirement to exercise reasonable endeavours to overcome a force majeure event, those provisions do not oblige the affected party to accept an offer of non-contractual performance.
This case concerns an appeal under s.69 of the Arbitration Act 1996 and the proper construction of a bespoke ‘anti-deduction’ clause under a time charter.
The English High Court decision in the “Afra Oak” deals with the issue of whether Owners can rely on Article IV rule 2(a) of the Hague Rules as a Defence to a claim that Owners are in breach of the obligation to follow employment orders given by the Charterers.
