Lloyd's Maritime Law Newsletter

Shipbuilding contract - Price payable in instalments - Obligation on seller to provide Refund Guarantees to secure repayment if contract terminated - Whether obligation a condition or an innominate term - When time is of the essence - Appeal on point of law - Arbitration Act 1996, section 69

Time charter - NYPE form - Claim for unpaid hire - Counterclaim for wrongful arrest of another vessel - Whether the owners were entitled to a partial final award - Whether the charterers should be allowed to set off their counterclaim.

Time charter - NYPE form - Charterers' counterclaim for wrongful arrest of another vessel - Order for security for the owners' costs of defending the counterclaim - Peremptory order - Whether the counterclaim should be dismissed for failure to provide security for costs.