The Strait of Hormuz: to trade or not to trade? Insurance implications of a potential closure of the Strait17 July 2025
The recent increasing turmoil in the Middle East has led to renewed threats by Iran to close the Strait of Hormuz.
The recent increasing turmoil in the Middle East has led to renewed threats by Iran to close the Strait of Hormuz.
The commodities market is expected to see an increase in the number of contractual defaults, stemming from climate change and political instability. This article sets out a ‘refresher’ on steps that should be taken when faced with a contractual breach, as well as additional tips for companies to prepare for and handle defaults in this volatile market.
When market volatility leads to contractual defaults, effective claim management is key. This article sets out a step-by-step playbook to navigate contractual breaches and secure favourable outcomes.
In collaboration with leading experts in the field, we aim to provide you with invaluable insights, practical advice and strategic guidance to navigate the complexities of global trade markets.
In this article, we discuss the importance of remaining back-to-back when incorporating law and dispute resolution clauses in sale contracts and charterparties.
SIAC has announced the release of its updated Arbitration Rules.
This article explains and summarises the expedited procedures provided under the rules of leading arbitral institutions, namely, the Singapore International Arbitration Centre, London Maritime Arbitrators Association and Singapore Chamber of Maritime Arbitration.
This dispute is a further addition to a series of recent cases in which lenders have attempted to resist making payment, or sought recovery of payments made, under letters of credit, on the purported basis that the underlying contracts are fraudulent in nature.
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