1st September 2023
Simon Tatham describes the latest reported Lloyd’s arbitration award and the route to a fair payout Now Lloyd’s of London publishes Lloyd’s Open Form (LOF) awards it is useful to occasionally report on the latest cases. Such awards assist in managing the expectations of salvors and underwriters alike and act as guidance for future negotiations,…
4th August 2023
Each year, around 800 Bimco BARGEHIRE contracts are signed, currently on its SmartCon platform. It is understandable, with such an uptake, that Bimco should periodically review this barge-leasing contract. The most recent iteration of the 1994 and 2008 versions was published in 2021. The above usage excludes hybrid versions developed in-house by some of the…
19th May 2023
Smit Salvage BV & Ors v Luster Maritime SA & Anr (The ‘Ever Given’) [2023] EWHC 697 Admlty) Today we look at what went wrong and the lessons to be learned when in March 2021 the owners of the EVER GIVEN sought to avoid a salvage claim and started negotiations for a commercial contract to…
17th February 2023
In the January 2023 issue of International Tug & Salvage, regular columnist Simon Tatham explains how the International Tribunal for the Law of the Sea can intervene when tugs or crews are detained. Most problems encountered by tugs and other ships trading the high seas are resolvable. However, there are situations that arise where conventional…
