Shipping E-Brief — summer 2014: key legal decisions and developments in shipping

The Shipping E-Brief is a quarterly publication providing information on key legal decisions and developments in shipping and related business areas.

Contents

Shipping

  • Are owners bound to give credit for benefit obtained following charterers’ repudiation?
  • The correct test for anticipatory breach by renunciation 
  • Court of Appeal gives broad meaning to ‘charterers’ agents’ in off-hire clause 
  • Court clarifies that enhanced statutory interest rate not applicable to charterparties with no significant connection to UK 
  • A tough lesson on guarantee wordings: triple-check them
  • Package limitation — can a cargo claimant ‘pick and mix’?
  • Charterer who expressed intention to perform in future nonetheless held to be in repudiatory breach 
  • Towing the line — competing jurisdiction clauses 
  • Underperformance disputes under time charterparties 
  • Berth damage 
  • Court upholds LMAA tribunal’s jurisdiction to rule on costs 

Ship finance

  • Loan agreement relating to yacht construction contract construed as ‘on demand’
  • PRC rules relating to the provision of cross-border security are relaxed: new SAFE regulations come into force 

News and events

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