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: 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)
Author MECO Published on: January 21, 2023 Tags Charterers 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…
Author MECO Published on: January 21, 2023 Tags Charterers 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
Author MECO Published on: December 13, 2022 Tags Charterers 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…
Author MECO Published on: November 22, 2022 Tags Aurora NEW COURT JUDGMENT ON THE APPLICATION OF THE ONE YEAR TIME BAR TO CLAIMS FOR MISDELIVERY OF CARGO AFTER DISCHARGE Fimbank plc-v-KCH Shipping (2022)ECWH 2400 is an important judgment by the English Commercial High Court where it has been held…
Author MECO Published on: November 10, 2022 Tags Aurora AURORA P&I, MECO’S FIXED PREMIUM P&I FACILITY FOR OWNERS OF SMALL SHIPS We take this opportunity to provide an update following the launch of Aurora P&I, MECO’s P&I facility for Owners of…
Author MECO Published on: November 9, 2022 Tags Aurora MISDELIVERY CLAIM DISMISSED FOLLOWING LACK OF TITLE TO SUE A bill of lading serves three main functions: it is evidence of the terms of the contract of carriage, proof…
Author MECO Published on: October 15, 2022 Tags Charterers THE “DIVINEGATE” The High Court confirmed that the ‘good weather method’ is the conventional method for measuring speed and performance. The ‘good…
Author MECO Published on: September 7, 2022 Tags Aurora THE “MT STENA PRIMORSK” Although “fault” on the part of the vessel need not be actionable in order to stop the running of laytime…