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01/11/2005

MAJOR WITHDRAWAL

A ship manager was appointed to provide technical and crew management for a pair of newly-built tankers, which were fixed on period charters. The charterparties stipulated that the ships should at all times be acceptable to oil...

01/11/2005

LUXURY LIABILITIES

A surveyor carried out a pre-purchase survey and sea trial on a yacht in the Indian Ocean, and a joint survey to confirm the condition of the vessel prior to handover to the new owner in the Mediterranean four months...

01/11/2005

Paper-chase

A broker was engaged to arrange two connected transactions in forward freight agreements (FFAs): one was to buy the average of the Panamax indices for the second quarter of the year, and the other was to sell the average of the...

01/11/2005

SOUTH AMERICAN SHIP ARREST

Following a voyage to South America, cargo receivers commenced an action against the ship owner for damage to cargo. The ship owner’s P&I Club appointed its local correspondent (a Member of ITIC) to arrange and monitor...

01/11/2005

SMUGGLERS CAUSE AGENT TO LOSE BOND

The port agent generally has to put up a customs bond to allow a vessel to call at a US port. A small bulk carrier sailed from Haiti bound for Florida and entered the port of Tampa under the auspices of the Tampa agent’s customs...

01/11/2005

OILY PROBLEMS

A number of governments are increasingly involving the private sector in their research and development. A ship manager contracted with the owner of an experimental hull platform to manage, operate and maintain it for a...

31/03/2005

LNG - Safety @ Sea?

MEMBERS MAY have seen reports in the shipping press regarding the worldwide shortage of LNGtrained crew and the effect that this may have on safety. A major concern has been that commercialpressures have led not...

31/03/2005

Asbestos Exposure

A SHIP MANAGER received a formal notice of claim from a firm of solicitors representing a ship’s engineer. The letter of claim explained that this gentlemen had been employed by the ship manager some 30 years previously when he...

31/03/2005

An update on crew scams

THE CLUB first issued a circular as long ago as 1989 on the subject of ship agents being used by unscrupulous migrant smugglers to move illegal immigrants around the world. The Club continues to receive notfications from Members...

31/03/2005

Arbitrating Commission Claims

THE CLUB has been making increasing use of developments in English law that allow ship brokers to use arbitration to collect unpaid commission. In Nisshan Shipping Co. Ltd v Cleaves & Co., the court ruled that, although the...

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