• Effective Transfer of Responsibility for Stowage from a Contractual Carrier Under a Bill of Lading

    Yuzhny Zavod Metall Profil LLC -v- Eems Beheerder B.V. (“the EEMS SOLAR”) Contractual carriers will welcome the decision in the EEMS SOLAR which extends further the protection afforded to them by the House of Lords in the Jordan II [1] in respect of responsibility for stowage. The Claimant Russian receivers and bill of lading holders sought to recover […]

  • Charterer’s Breach of Safe Port Warranty Results in $138m Liability

    In the recent decision of the Commercial Court in Gard Marine v China National Chartering (the “OCEAN VICTORY”), the Court ruled that Charterers had breached their safe port warranty by nominating the port of Kashima, Japan. The Vessel, a Capesize bulk carrier, left her berth during adverse weather conditions to seek shelter at sea but […]

  • The “ATHENA”: Reversal of the Commercial Court’s Interpretation of Clause 15 Nype 46

    The Vessel was chartered on an amended NYPE 46 form, and sub-chartered on materially identical terms. Clause 15 provided that “in the event of loss of time from… default of master…preventing the full working of the vessel, the payment of hire shall cease for the time thereby lost…”(amended words underlined).

  • Shipping Focus

    Shipping Focus – Winter 2013

    In this issue of Shipping Focus: Effective transfer of responsibility for stowage from a contractual carrier under a bill of lading; Update: the spanish tax lease scheme and the return of state aids; The “Athena”: Reversal of the commercial court’s interpretation of clause 15 hype 46; Charterer’s breach of safe port warranty results in $138m liability.

  • Update: The Spanish Tax Lease Scheme and The Return of State Aids

    After a long investigation which began in 2006, the European Commission (“EC”) has announced that the Spanish tax scheme for the construction and acquisition of new vessels is incompatible in part with EU rules on state aid and that the aids granted between 2007 and 2011 should be refunded to the Spanish Treasury. The EC […]

  • 12 Nov 13

    Mind Your Shipping Industry Update – What You Need to Know About English Law

    Event

    Thomas Cooper, international maritime law firm hosting the 2013 seminar at the Turkish Chamber of Shipping in Istanbul on Tuesday 12 November 2013.  The speakers will be discussing topical issues and an update on practical points of what you need to know about English Law. Topics / Speakers Dangerous / Group A Cargoes (Douglas Bateson) […]

  • Thomas Cooper advises on the acquisition, financing (Euro 4.7 million) and registration of a new Damen Shoalbuster® 2709

    Ship Owners, Ship Finance and Acquisition, London, Rotterdam. Thomas Cooper has advised a major UK based marine engineering firm on its acquisition, financing and MCA first registration of the above sea going tug, dredging and general support vessel. The transaction was the first commercial shipping financing for a major UK retail and commercial bank post […]

  • 29 Oct 13

    IUA Market Briefing 2013

    Event

    IUA of London

    Celso de Azevedo is a key speaker at the IUA Market Briefing which will address the regulatory, commercial and legal issues that have arisen in connection with the latest reinsurance regulations issued by the Brazilian authorities in 2011 and 2012.

  • “GOLDEN VICTORY” – A Pyrrhic One?

    Seldom do learned authors of differing chapters of the same leading textbook disagree on the effect of a House of Lords judgment but a quick study of Chapters 9 and 19 of the Eighth Edition of Benjamin’s “Sale of Goods” shows that this can happen. The difference of opinion in question relates to how damages […]

  • 15 Oct 13
    to
    17 Oct 13

    Exporta 3rd Annual China Trade & Export Finance Conference in Beijing

    Event

    Beijing 2013

    Head of Thomas Cooper’s Singapore office, Mark Sachs, will be participating as an expert in the 3rd Annual China Trade & Export Finance Conference at the Swissôtel in Beijing which takes place between Tuesday 15 – Thursday 17 October 2013.