The Singapore Chamber of Maritime Arbitration (SCMA) has published Specimen Directions for Virtual Hearings which provides guidance to arbitrators, tribunals, and users of SCMA maritime arbitrations. Key points in the specimen directions include the platform of hearing, how the hearing will be...
Legal
Inland vessel rules change
Standard Club has informed all vessels with a community inland vessel certificate (CBB / UCB) that, further to the temporary postponement of enforcing documents for inland navigation by the ILT due to Covid-19, the current ILT position has changed. As of the October 23rd 2020 the ILT will require...
https://insurancemarinenews.com/insurance-marine-news/inland-vessel-rules-change/
HFW : COVID-19 Bi Losses: English High Court confirms loss of use is not equivalent to physical loss of property
HFW : COVID-19 Bi Losses: English High Court confirms loss of use is not equivalent to physical loss of property
The recent judgment in the FCA business interruption test case ruled on the interpretation of notifiable disease and non-damage prevention of access extensions under BI policies. However, one issue that the test case did not consider was coverage of COVID-19 BI losses under the principal BI insuring clause (which typically provides cover for BI arising out of “damage” to insured...
Bankruptcy and the Voluntary Termination of Maritime Service Contracts
Bankruptcy and the Voluntary Termination of Maritime Service Contracts
On October 8, 2020, the United States Court of Appeals for the Second Circuit issued an unpublished opinion affirming judgment of the United States District Court for the Southern District of New York, that a vessel operator’s bankruptcy and voluntary termination of various service contracts relieved the shippers of any obligation to pay liquidated damages under the contract. In re: The Containership Company (TCC) A/S,...
HFW helps captain deliver evidence from vessel-at-sea
Marine focused, London-based international law firm HFW has successfully acted for the owners of a vessel involved in a high-value collision case which was notable for two reasons – the first was that for the first time in the UK Admioralty Court it saw evidence provided remotely from on board a...
Watson Farley & Williams sanctions and shipping update
Partners Simon Kavanagh, Daniel Pilarski, David Osborne and Christine Bader at Watson, Farley & Williams have highlighted some recent developments and forthcoming changes in the sanctions landscape. There have been developments and changes which would increase the importance of compliance, most likely complicate the task and which have particular relevance for the maritime industry, the…
The post Watson Farley & Williams sanctions and shipping update appeared first on Insurance Marine...
LSLC-YMP and Clyde & Co. Webinar – Common Issues in Contract and Insolvency – 21st October at 12.00pm
LSLC-YMP and Clyde & Co. Webinar –
Common Issues in Contract and Insolvency –
21st October at 12.00pm
English High Court refuses application to extend time bar
Standard Club has reported on the case of the Giant Ace – under which the English High Court refused an application to extend the time bar on the basis that proceedings were knowingly issued against the wrong defendant. Claims Executive Anestis Dimitriadis of managers Charles Taylor has discussed...
UK Supreme Court establishes rules on long-contended arbitration matter
In Enka Insaat Ve Sanayi AS v OOO Insurance Company Chubb [2020] UKSC 38 the UK Supreme Court on Friday October 9th confirmed the proper approach to determining the governing law of an arbitration agreement. Barristers 7KBW observed that the decision was “set to become the leading authority on the...
Early redelivery under the CP – Skuld
Zachary W Simon, Claims Executive, Lawyer, at Skuld has reported that in the past few months Skuld had received an uptick in activity surrounding early redelivery disputes under time charters. Skuld said it knew that its chartering clients were “only too aware that the shipping market is rife with...
https://insurancemarinenews.com/insurance-marine-news/early-redelivery-under-the-cp-skuld/