Despite the 1995 English High Court judgement in the case of O.K. Petroleum v. Vitol S.A., there are still some companies who believe that the time bar contained in a ch Read more..
As far as we can tell the main beneficiaries of this charter party are lawyers. How many demurrage disputes have reached the courts concerning BEEPEEVOY3 or S Read more..
In our newsletter No. 2 we referred to an arbitration over a charter party cl Read more..
We will have a strong panel at the demurrage conference to debate the question of the fair interpretation of pumping clauses. We propose to start from the basi Read more..
The Court of Appeal delivered its long-awaited judgment in March 1998. It upheld the Commercial Court’s ruling which had, in turn, confirmed the arbi Read more..
Pumping disputes are, without doubt, the greatest cause of delay to the settlement of tanker charter party and CIF/CRF contract demurrage claims. The usual argume Read more..
The Tanker Pumping Performance Working Group, referred to in our last newsletter wil Read more..
The Tanker Pumping Performance Working Group's recommendations were presented at our 4th International Conference on Tanker Demurrage at the end of May by Mark As Read more..
The Tanker Pumping Performance Working Group met in December to review progress following the presentation of their recommendations at the 4th International Confe Read more..
We understand that Intertanko's Documentary Committee has endorsed the "pumping performance formula" and that they will now recommend it to their members as a fai Read more..
The next meeting of the Working Group on the Fair Interpretation of Pumping Clauses is scheduled for October. One item on the agenda will be the question of wheth Read more..
The Working Group on the Fair Interpretation of Pumping Clauses has been strengthened by the addition of several new members and now includes representatives from Read more..
The Working Group on the Fair Interpretation of Pumping Clauses has drafted a set of pumping clauses that should go a long way towards removing the subjective app Read more..
Mark Aspinall of Shaw & Croft, representing The Working Group on the Fair Interpretation of Pumping Clauses, presented an entirely new pumping clause for tank Read more..
Further to our last newsletter, we have now assembled an Industry Working Group Read more..
The Industry Working Group on the validity of Notices of Readiness held its first meeting in March. Both owners’ and charterers’ representatives a Read more..
The Court of Appeal has recently issued its judgment in the case of Flacker Shipping Ltd v. Glencore Grain Ltd. The “Happy Day” and has allowed th Read more..
So-called “early loading clauses” whereby the charterers receive additional laytime for agreeing to load before the commencement of laydays have Read more..
We have recently been consulted by ship owners about an additional chartering clause that states not only that until free pratique has b Read more..
In the recently published decision in the High Court case of Portolana Compania Naviera v. Vitol SA - “The Alfrapearl”, Read more..
We referred to the judgement of the High Court in The “Nikmary” in Read more..
We asked this question in News Update No. 22 when the High Court heard the case of Kronos Worldwide Ltd. v. Sempra Read more..
In News Update No. 23 we reported on the decision in the High Court case Read more..
A recent London arbitration, LMLN 27/04, highlighted how difficult it can be to write additional charter party clauses that will cover every Read more..
Shell have now issued their long-awaited update to Shellvoy5 with effect from 18 April 2005. It includes most of the amendments that Shell previously covered in the addi Read more..
We reported in our last newsletter that an increasing number of charterers Read more..
We have seen a few occasions where charterers have upset owners by making unauthorised deductions from their invoices and claims. It is s Read more..
This issue of Asdem’s News Update concentrates on a number of recent judgements from the High Court that relate to oil trading and shipping.
In the previous edition of Read more..
The recent High Court case of Lia Oil SA v. Erg Petroli Spa, “The Liano” [2007] highlights the importance of co Read more..
Chevron failed to overturn the High Court judgment in ERG Raffinerie Mediterranee SpA v. Chevron USA Inc. (The “Luxmar& Read more..
Andrew Wilding who runs Asdem’s office in Singapore is a very experienced shipping lawyer. He has contribu Read more..
In the case of AIC Ltd. v. Marine Pilot (“The Archimidis”) [2008] the Court of Appeal clarified the meanin Read more..
The House of Lords has recently delivered a significant judgment in the dry cargo case of The "Achilleas", Transfield Shipping Inc. v. Read more..
In our last newsletter, Andrew Wilding, Managing Director of Asdem Asia reviewed the decision in Read more..
We have encountered several instances where ship owners have been unsure when they can claim damages for detention. As a general rule, detention cannot be c Read more..
Phil Stalley presented the conclusions of the Oil Industry Working Group at our International Co Read more..
Following the launch of a Code of Practi Read more..
We last commented in News Update No. 38 on the question of how to treat the t Read more..
We reviewed the High Court judgment in AET Inc. Ltd. v. Arcadia Petroleum, The "Eagle Valencia" [2008]Read more..
Article from Andrew Wilding, Managing Director, Asdem Asia Pte. Ltd.
In the "Mercini Read more..
Article provided by Phil Stalley, Demurrage Consultant.
Am I becoming the Read more..
In the last News Update, Phil Stalley questioned whether there was still a need for hard copi Read more..
Article from Phil Stalley, Demurrage Consultant
I don’t think readers of this n Read more..
In News Update No. 46 we wrote: “Since oil companies are unwilling to issue long-t Read more..
We received an excellent response to our first conference on the European Oil Barge Trade. Sixty delegates came to li Read more..
Considerable care should be taken when drafting interim port clauses. This was highlighted by the dispute in the London Arbitration 6/12 858 LMLN 4. A Read more..
There have been three court hearing for this case, two of which we have previously reported. As these are somewhat confusing, here is a summary which may be hel Read more..
The Court of Appeal in Metall Market OOO v. Vitorio Shipping Co Ltd (The “Lehmann Timber”) EWCA Civ 650, overtur Read more..
Roger Sepkes, Managing Director of Asdem Ltd, was engaged as the expert witness on behalf of Proton, a oil trading compa Read more..
In the previous Asdem Newsletter No. 54, w Read more..
Article from Andrew Wilding - Managing Director, Asdem Asia Pte. Ltd.
Read more..
In Asdem Newsletter No. 53 we said that the High Court case of Read more..
By Andrew Wilding, Managing Director, Asdem Asia Pte. Ltd.
At the s Read more..
Article provided by Andrew Wilding, Managing Director, Asdem Asia Pte. Ltd.
In a Read more..
By Andrew Wilding, Managing Director, Asdem Limited
This case conc Read more..
DAMAGES IN ADDITION TO DEMURRAGE
K LINE PTE LTD v PRIMINDS SHIPPING (HK) CO., LTD. (2020) - THE ETERNAL BLISS
INTRODUCTION
From time to time, a case c Read more..