Insights

In 2001, the Managers implemented their Value for Money (“VfM”) programme, which was introduced to ensure “best practice” was applied to claims handling services, both by the Managers and by third party suppliers. A further aim of the programme was to identify ways of improving and increasing the cost effectiveness of those services.

Many Members will have experienced the consequences of a counterparty entering into creditor protection schemes that are in place in the vast majority of jurisdictions.

Hull fouling is an age old problem for ships subjected to extended stays in warmer waters. Despite the use of modern technology in anti fouling paints it is difficult to avoid marine growth when a ship is stationary for a prolonged period and the Managers continue to see a number of charterparty disputes arising as a consequence of hull fouling.

In this issue: Message from the Managers | AET Inc Ltd v Arcadia Petroleum Ltd, (The “Eagle Valencia”), [2010] EWCA Civ 713

The UK Defence Club held a successful seminar and cocktail reception at the Conrad Hotel in Singapore on 28th September for its regional Members and their brokers.