Lloyd's Maritime Law Newsletter

The plaintiffs were American sellers who exported goods from the U.S.A. to buyers in Kuwait. 75% of the price - amounting to $75,794.46 - was to be paid by letter of credit issued by the defendant Bank. The letter of credit as issued was an..

Plaintiffs were owners of the vessel Khian Zephyr. Defendants were time charterers of the vessel under the NYPE form. A cargo was loaded under the charter in Japan but, on discharge in Philadelphia, was found to be damaged. Cargo owners sued both..

In Searose Ltd. v. Seatrain (U.K.) Ltd. - LMLN 34 - certain conditions were imposed upon the granting of a Mareva injunction to prevent it bearing harshly on a third party bank. In the present case, the relevant asset was not a bank account but..

The issue in this arbitration was the time of commencement of laytime at the discharging port. The vessel arrived at the Mersey Bar at 03 09 on 5 June 1981, which was a Saturday. Notice of readiness was given by telex to the charterers’ agents..

The defendants were time-charterers of the vessel Golden Swan . They had also issued bills of lading for a cargo of frozen goods shipped from Sydney to Rabaul and which arrived in a damaged condition. The plaintiffs were the owners of the goods. The..