Tag: charter party

The London Maritime Arbitrators Association has released the Arbitration Notice Clause. This clause aims to ensure that notices of arbitration are validly served if the procedure in the clause is followed. The Arbitration Notice Clause provides for the parties to set out e-mail addresses for the service of notices and communications regarding arbitration and should be completed by the parties when concluding a contract.

The UK Chamber of Shipping announced that, with the support of their operators, has developed a 'Safety Culture Charter' to promote and adopt a positive Safety Culture within their member organisations, leading from the top down. The initiative aims to reduce the number of accidents and incidents at sea. 

As Skuld Club informs, issues regarding the service of anti-technicality notices and the withdrawal of ships are almost exclusively approached from a shipowners’ perspective. However, these issues are also related to charterers both in terms of contractual rights and the protections afforded charterers when experiencing unreasonable attempts to withdraw.

ASBATANKVOY, one of the most widely used tanker charter parties in the world, will create the basis when BIMCO and the Association of Ship Brokers & Agents Inc. (ASBA) start to jointly develop a charter party especially for use in the gas tanker trade.

In Eleni Shipping Limited v Transgrain Shipping BV (The Eleni P), Steamship Mutual informs that the Commercial Court considered an appeal under section 69 of the Arbitration Act 1996 by Owners of an award in which the Tribunal rejected Owners’ claim for hire to be paid by Charterers during the period for which the vessel was detained by pirates in the Arabian Sea.

Standard Club published some FAQs about scrubbers, in order to help operators prepare their charterparties for IMO 2020. The FAQs also aim to identify chartering issues arising from IMO 2020, including potential contractual responsibilities and liabilities regarding compliance.

As the West of England P&I Club informs, in a recent case, the Amity, charterers successfully set aside an arbitration award on the basis that owners had not effectively served their notice of arbitration upon charterers since the person to whom owners had sent their arbitration notice did not have actual or implied authority to accept service of proceedings on behalf of charterers. 

Often charter parties allocate risks in a way that creates a conflict between economic and environmental efficiency. To address this issue, STM and BIMCO were working to encourage the exchange of information under the STM concept while also permitting parties to agree on a contractual arrangement.

After the MEPC 73 in October which confirmed that there would be no delay in the implementation date of 2020 sulphur cap, the Swedish P&I Club in cooperation with Ince&Co law firm discussed legal implications for shipowners associated with the new rules, both in terms of compliance, and in relation to the terms of their charterparties, which need to be considered.

The US Coast Guard terminated the voyage of the 147-foot yacht Golden Touch II with 47 people onboard near Nixon Beach, on Sunday August 19. This came after USCG discovered a number of safety issues, including carrying more paying passengers than they were certified to carry onboard the vessel.