The long-awaited judgment from the UK Supreme Court in the “CMA CGM LIBRA” case was handed down on 10 November 2021, in which the 5-member panel of distinguished judges upheld the lower courts’ decisions that the vessel’s defective passage plan rendered the vessel unseaworthy. We expect that the decision will impact evidence collection and retention in general average and cargo claim litigation.
07 DEC 2021
02 DEC 2021
When negotiating a voyage charterparty the parties may not give much thought to the precise legal meaning of the word “demurrage”. If pressed to explain what it covers, one party might say “it's payment for time used by the charterer after laytime has finished”. If they then looked at a law book on the point, they might have added “it's liquidated damages for the delay”. That is right, however, it is highly unlikely that either party would go on to consider the question “but what damages does it liquidate?”.
02 DEC 2021
The global shortage of containers and port congestions are driving shipments of bagged refined Brazilian sugar back to bulk carriers, reports our local correspondent in Brazil, Representacoes Proinde Ltda. This trend may increase the risk of cargo damage.
25 NOV 2021
International shipping emits 2-3 per cent of global GHG emissions whilst transporting close to 80 per cent of global trade by volume. The IMO target for reduction of GHG emissions from shipping is a 50 per cent reduction from a 2008 baseline by 2050. Many in the industry see this as too little, too late. The International Chamber of Shipping has proposed a net zero target for 2050. Zero -emission fuels and vessels must be deployed at scale over the next decade to achieve carbon neutrality in the shipping segment by 2050. This need is behind the “Green Shipping Corridor” initiative proposed by the Getting to Zero Coalition.
Port Authorities today, most likely require lost anchors to be found and removed, thereby resulting in a “wreck removal” case. The more serious and very costly cases occur when dragging anchors leads to collisions, groundings, damage to subsea -cables and -pipelines, or pollution. Ship operators, Masters and crew need to be aware of the risks involved and thoroughly assess the limitations of a vessels’ anchoring equipment. Senior Loss Prevention Executive Jarle Fosen recently shared Gard’s experience and recommendations at the DNV sponsored webinar co-hosted by Gard and The Swedish Club.
For our mutual Members, Gard covers the cost of pre-load steel surveys (after any contribution from charterers). Only finished steel cargos justify the costs. We outline in this article the type of cargo that is covered by the pre-load recommendation.