Comment and analysis by Reed Smith lawyers on the latest developments in the shipping industry
In Cosmotrade SA v Kairos Shipping Ltd and others [2013] EWHC 1904 (Comm), the Commercial Court considered the question of whether English law allows a Limitation Fund to be constituted by way of a P&I Club Letter of Undertaking.
The Convention on Limitation of Liability for Maritime Claims 1976 (LLMC 1976) allows owners to…
It is easy to assume that the only place, or the easiest place, in which to obtain an associated vessel arrest to obtain security for a claim is South Africa.
However, we had a case recently where we were able to obtain a Rule B Attachment over an associated vessel in the US. This led…
