Impact of Weather Conditions on Charter Performance Claims
Under a time charter trip from South Africa to China, Owners warranted the vessel’s performance in good weather conditions. The…
Category: Merchant Shipping
Understanding Speed and Performance Claims in Time Charterparty Disputes
It is common for an element of speed and performance claims to be included in final hire disputes at the…
Charterparty Incorporated
Which charterparty is being incorporated into a bill of lading • It is important to identify exactly which charterparty the…
Documentary credit system
Documentary credit system of transactionThis is a sort of money transfer system to enable sellers to obtain early payment soon…
Deviation
The master is expected to proceed from the load port to the discharge port without delay and without departure from…
BILL OFLADING (DELIVERY OF GOODS)
When a person, who is the holder of a bill of lading, does not want to negotiate it further, but…
INCOTERM
INCOTERMS in the short form for International Commercial Terms. It is the Trademark of International Chamber of Commerce. The Incoterms…
Insurance and Claims
VESSEL INSURANCE COVERAGE Company vessels are covered by several types of marine insurance policies, including Hull and Machinery – which…
SURVEYS OF HULL & MACHINERY ITEMS
All Class Record files, including Enhanced Survey files, where applicable, must be kept in safe custody of Master. The vessel…
Carriage of Goods by Sea Act (“COGSA”)
The Carriage of Goods by Sea Act (“COGSA”) defines the basic relationship—duties, liabilities, rights, and immunities—between ocean carrier and cargo…