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Lloyd's Maritime Law Newsletter

London Arbitration 16/23
Time charterparty - Bunkers on redelivery - Whether "price at both ends" extended to all bunkers on board on redelivery, even where shortfall exceeded 5 per cent allowance - Whether, in calculating compensation, the 5 per cent allowance should be ignored where it was exceeded - Whether vessel off hire due to crew change - Interest on wrongful deduction repaid late - LMAA Small Claims Procedure
Online Published Date:  24 November 2023
Appeared in issue:  1147 - 24 November 2023
Singapore Arbitration 3/23
Charterparty - Trip charter - Failure to nominate vessel - Repudiatory breach of contract - Compensatory damages - Assessment of damages - Mitigation of loss - Principle of minimum performance or obligation - Applicable interest rate
Online Published Date:  24 November 2023
Appeared in issue:  1147 - 24 November 2023
Crédit Agricole Corporate and Investment Bank, Singapore Branch v PPT Energy Trading Co Ltd - [2023] SGCA(I) 7 - Singapore International Court of Appeal (Judith Prakash JCA, Jonathan Mance IJ and Bernard Rix IJ) - 24 October 2023
Letter of credit - Fraud - Circumstances in which bank could refuse payment - Letter of indemnity - Whether beneficiary had marketable title - Measure of indemnity
Online Published Date:  24 November 2023
Appeared in issue:  1147 - 24 November 2023

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