Insights

Ever Given: Suez Canal delays The widely-publicised grounding of the EVER GIVEN in the Suez Canal on 23rd March has resulted in over 200 ships being delayed in transit. At the time of writing, the EVER GIVEN is still stranded and it is unclear how long it will take to re-float her and get the traffic moving again.  

The Club has partnered with Veritas Petroleum Services (VPS), a global market leader in marine fuel testing and bunker surveys.

The recent decision from Sir Ross Cranston in Doglemor Trade Ltd v Caledor Consulting Ltd has drawn attention to the options available to parties who believe an arbitration award contains a mistake. 

In January, 2020 the Supreme Court issued judgment in a test case relating to the interpretation of various insurance policies concerning business interruption due to the COVID-19 pandemic.  

It is common for parties to reserve their rights in general terms where a dispute is developing. This is often thought to protect a party’s rights under the applicable charterparty. However, in a recent case, the High Court held that the charterer had lost its entitlement to rescind the charterparty for misrepresentation, even though the charterer had expressly reserved its rights. Podcast also available.