The “Posidon” Suppliers Fail to Turn Claim Rankings Upside Down25 October 2017
A recent Singapore case provides a useful reminder that when distributing the proceeds from a judicial sale, the order of priorities is not set in stone.
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Damages and Mitigation: Supreme Court Takes a Short Cruise on Benefits6 July 2017
In an eagerly awaited decision the Supreme Court has ruled that a shipowner’s benefit from selling its vessel, following a time charterer’s repudiatory breach, was not to be taken into account when assessing the shipowner’s damages.
Exclusions of consequential loss in shipbuilding contract warranty clauses29 June 2017
The Commercial Court has returned to the subject of shipbuilding contract warranty clauses and issued further guidance as to the proper interpretation of exclusions of consequential losses in that context.
UK Supreme Court Rules on Charterparty Unsafe Port Claim2 June 2017
The Supreme Court has upheld a Court of Appeal judgment confirming that there had not been a breach of a safe port warranty.
LMAA publishes new LMAA 2017 terms aimed at improving efficiency and cost-effectiveness6 March 2017
Five years on from when the London Maritime Arbitrators Association last amended its Terms, it has produced a new set, which will apply to arbitrations commenced on or after 1 May 2017.