Comment and analysis by Reed Smith lawyers on the latest developments in the shipping industry
The Commercial Court has considered the true construction and implementation of the CONWARTIME 1993 clause in a time charter on the NYPE form (Pacific Basin IHX Limited v Bulkhandling Handymax AS [2011] EWHC 2862 (Comm)).
The “TRITON LARK” was instructed to carry a cargo from Hamburg to China, via Suez and the Gulf of…
We are all well aware that piracy remains a serious issue for the shipping industry, and of late there have been signs of an increased confidence on the part of the pirates. On 20 August 2011, for example, the M/T “FAIRCHEM BOGEY” was hijacked whilst anchored in what was considered to be a secure outer…
