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An owner should terminate the charter in circumstances where it can show the defaults are sufficiently serious to deprive it of the benefit of the charter.
When a contract does not reflect the intention of the parties equitable relief can be sought from the court for the contract to be rectified. It is rarely granted, but in this case it was.
Ince & Co has advised Bahri on the transfer of 20 tanker vessels from Vela as part of the largest merger in the history of Saudi Arabia.
Double trouble for D&O insurers as the UK regulators extend the limitation period applicable to disciplinary investigations download
Recent legislative changes in the UK are likely to raise concerns for D&O insurers and their insureds.
Swallowfalls v Monaco Yachting provides further support for the construction of contracts in the manner most consistent with ‘commercial common sense’.
The Shipping E-Brief is a quarterly publication providing information on key legal decisions and developments in shipping and related business areas.
Ince & Co has worked with Jefferies in advising a group of ship owners with vessels on long-term charter to Israeli box line ZIM on its $3bn restructuring.
This note considers what a MAC clause is and when it is used, highlights recent case law and offers some tips for those involved in reviewing or negotiating MAC clauses.
Bribery Act update download
Serious Fraud Office director David Green QC has proposed a number of changes to the UK Bribery Act.
The Provisions on the Administration of Foreign Exchange for Cross-Border Security replace 12 existing regulations providing for cross-border security.
Ince & Co Singapore has represented Oro Negro in its international bond issuance, an offering of $725m notes due 2019. The transaction closed on 24 January 2014.
Ince & Co Singapore and Incisive Law have advised Cyprus-based Dynamic Offshore Drilling on the vessel financing, construction and delivery of Dynamic Vision.