Indian authorities have recently extended the service tax on ocean freight, payable under the Finance Act 1994 (“Service Tax”), to cargoes imported on a CIF basis. The amendments to the Act in this regard came into effect from 22 January 2017. This Service Tax has been levied since June 2016 over freight on cargoes imported … Continue Reading
The Court of Appeal handed down a judgment this week in MSC Mediterranean Shipping Company SA v Glencore International AG [2017] EWCA Civ 365 relating to a dispute arising out of the Electronic Release System (“ERS”) in operation at the port of Antwerp.… Continue Reading
A recent decision provides authority for the broadly accepted understanding that a “unit”, for the purposes of limitation under Article IV Rule 5 of the Hague Rules, cannot apply to a bulk cargo – it can only mean a physical unit for shipment and not a unit of measurement or a customary freight unit (the … Continue Reading
Sang Stone Hamoon Jonoub Co Ltd v Baoyue Shipping Co Ltd (“The Bao Yue”) [2015] EWHC 2288 (Comm) The dispute related to a cargo of iron ore carried from Iran to China by the Defendant Shipper. The bill of lading had been issued “to order”, with no consignee named. The Shipper was requested to discharge … Continue Reading
The decision of Mr. Justice Flaux in (1) Societe de Distribution de Toutes Merchandises en Cote D’Ivoire trading as “SDTM-CI” (2) Kouma Assitan (3) Amlin Corporate Insurance N.V. (4) Axa Corporate Solutions Assurance and (1) Continental Lines N.V. (2) Genshipping Corporation [2015] EWHC 1747, considers the effect of clause 5 of the Synacomex 90 form, … Continue Reading
Reed Smith (Lianjun Li and Min Li of the Hong Kong office, Nick Shaw and Halani Lloyd of the London office) recently represented the successful Charterers in Shagang South-Asia (Hong Kong) Trading Co. Ltd v Daewoo Logistics [2015] EWHC 194 (Comm). The Respondent Owners chartered their vessel to the Claimant Charterers by a fixture note, … Continue Reading
On 12 January 2014, the Indonesian Government imposed an effective ban on the export of some unprocessed mineral ores, incorporating some last minute amendments aimed at easing the ban in respect of some products. Further information is available in the Reed Smith Client Alerts dated 10 January and 13 January 2014. The 10 January alert … Continue Reading
In Proton Energy Group SA v Orlen Lietuva [2013] EWHC 2872 (Comm), the court was required to decide whether a binding contract had been agreed between the parties. If a contract had been agreed, the court was required to decide whether it contained an implied condition precedent that it would only be binding if the … Continue Reading
In January changes to the way in which Cargo residues were classified came into effect by way of changes to MARPOL Annex V (see our client alert of 8 March 2013; Revised MARPOL Annex V: Just Who Should Take Out the Trash?). These changes were met with some concern by both charterers and owners in … Continue Reading
London Arbitration 8/13 Charterers faced cargo claims arising from the contamination of containerised cargo with fuel oil. Charterers settled these claims and claimed an indemnity from Owners under the time charter between them. Charterers also claimed for survey fees, off-hire and bunkers during the period of off-hire. Facts During the first voyage under the charter, … Continue Reading
In a recent client alert, Adam Morgan comments on the High Court’s decision in Dalmare SpA v Union Maritime Ltd and another (The “Union Power”). This case was summarised in a previous post, and considered the issue of whether a term as to satisfactory quality was to be implied into the Norwegian Saleform 1993. The … Continue Reading
Following several incidents resulting from structural failure in oil tankers, the Maritime Safety Committee of the IMO has made mandatory certain performance standards aimed at inhibiting corrosion in cargo oil tanks. The MSC has adopted Resolution MSC.291(87), which incorporates into SOLAS Regulation II-1/3-11, “Corrosion Protection of Cargo Oil Tanks of Crude Oil Tankers” (the “Regulation”). … Continue Reading
Intercargo, the trade association representing the interests of the bulk shipping industry, has launched the “Intercargo Guide for the Safe Loading of Nickel Ore”. The Guide explains how nickel ore can continue to be safely shipped, whilst at the same time raising awareness of the seriousness of liquefaction. The Guide has been produced in response … Continue Reading
For some parts of the world, the monsoon season is fast approaching. Such extreme weather conditions are known to cause serious problems with the carriage of certain bulk cargoes. The IMO has, therefore, recently considered issues relating to the dangers posed by the carriage of such cargoes at a meeting of the Sub-Committee on Dangerous … Continue Reading
