- Home/Maritime & Commercial
Maritime & Commercial
London and New York arbitration
Reflections on speed and performance claims (Part II)

This article explores the landscape of speed and performance claims in maritime arbitration through the lens of two major arbitral centres: London and New York. While differences exist in the publication of awards, procedural formality, and the background of arbitrators, both jurisdictions display remarkable consistency in approach and outcome.
A review of selected SMA awards demonstrates that their reasoning has influenced not only recent LMAA awards but also decisions of the English High Court in performance-related disputes. The industry practices that have developed over the past decades reflect a cross-pollination of principles originating from both New York and London arbitration.
New books available
International Aviation Law: A Practical Guide

By Professor Ronald I. C. Bartsch AM
This book, revised and updated throughout, focuses on environmental and sustainability considerations, and includes a new chapter on innovations aimed towards meeting the 2050 Net Zero Emission targets endorsed by the International Civil Aviation Organisation (ICAO) and the International Air Transport Association (IATA). It provides a comprehensive introduction to all aspects of aviation law, from criminal law to contract law, to the legal duties and responsibility of aircrew and other aviation personnel.
LNG Offshore Production and Regasification

By Stuart Beadnall, John Simpson, Max Lemanski
This is the first book to focus on the law and practice relating to the production and delivery of liquified natural gas (LNG) using offshore floating facilities. The contracts relating to the operation of these facilities mirror some aspects of conventional LNG vessel charters but include important additional features specific to offshore LNG operations. The allocation of related risks as between the LNG owner and the FSRU operator and other interested parties is analysed in this book. The authors also consider the specific legal issues pertaining to production of LNG offshore in a floating facility (FLNG), and the role of LNG as a transition fuel used to meet current low-carbon targets.
The Beijing Convention on the Judicial Sales of Ships, 1st Edition

Offering detailed and expert analysis of the provisions of the Beijing Convention, this new book identifies potential issues and offers a critical analysis of the role of the Convention in the face of growing digitalisation and specialist platforms for the sale and purchase of ships.
Featuring contributions from experts in the field: Ann Fenech, D. Rhidian Thomas, George Theocharidis, Paul Myburgh, Martin Davies and Abhinayan Basu Bal.
International Maritime Law and Practice

By Časlav Pejović
This book provides the reader with a broader view of how maritime law has developed throughout history and operates within various legal systems. While focusing mainly on English law, it also provides selected legislation and essential case law information from several other jurisdictions (US, France, Germany, Italy, Japan, China, etc). There is also a comparison between common law and civil law on a general level.
Lloyd's Maritime and Commercial Law Quarterly
Lloyd’s Maritime and Commercial Law Quarterly (LMCLQ) Part 1 February 2025

LMCLQ Part 1 includes commentary on decisions in the: UK Supreme Court RTI v MUR and UniCredit v RusChemAlliance; Court of Appeal King Crude v Ridgebury and One Saving v Waller-Edwards; High Court COPA v Wright and The Lila Lisbon; Indian Supreme Court Bharat Sher Singh Kalsia v State of Bihar and Singapore Court of Appeal Credit Suisse v Ivanishvili; along with commentary on the Limitation Convention. Articles include: security and crypto-assets; oral agreements; digital assets and lex situs; and arbitrators' impartiality. Unjust enrichment includes: the doctrine of discoverability; bribery and secret commissions; and Asia Pacific; along with a book review.
Click here to access Part 1.
LMCLQ is a quarterly journal published in February, May, August and November with an annual bound volume, additionally the Yearbook is published in August.
Available now
Maritime Risk International - latest issue

Maritime Risk International has been providing independent, expert opinions from leading industry practitioners, organisations and P&I Clubs since 1987. Our authors in key jurisdictions deliver global coverage of the important risk issues facing the maritime industry, so you can spot trends and developments that will affect businesses around the world.
The latest issue of Maritime Risk International is available here.
Available now
London Arbitrations in Lloyd's Maritime Law Newsletter

New London Arbitration content is now available in Lloyd's Maritime Law Newsletter, with thanks to the LMAA.
The latest award summary features in issue 1179 of LMLN, (2025) 1179 LMLN 2, London Arbitration 5/25.
Contract for construction of a luxury yacht – Joint venture – Whether the yard repudiated the contract – Whether loans by the buyer to the yard formed part of the purchase price – Whether the yard’s inability to arrange self-supporting finance was a force majeure event entitling the buyer to delay payment of instalments – Whether the buyer was entitled to transfer of title – Whether the yard was entitled to terminate for the buyer’s default.
Lloyd's Law Reports
Maritime Law Search
Use this field to search across the entire i-law resource.
Using this field will enable you to search across all product types, in all subject areas. You can search for
a phrase, a specific search term, a law report citation, or
combination of key terms.
Boolean connectors and special search characters can be used to refine your search.
For example: "equitable set-off", "clear AND evidence", "[1977] 1 Lloyd's Rep 492";
"The Cendor MOPU"; "2021 Review".
Techniques to refine your searches.
General search
" " - use quotations to find an exact phrase eg "Bills of Lading"
Boolean searches
You can use the Boolean operators AND, OR, NOT to include or exclude results from your search.
Axa AND Prudential finds results containing both Axa and Prudential.
Axa OR Prudential finds results containing either Axa or Prudential.
Axa NOT Prudential finds results containing Axa, that do not also contain Prudential.
Axa AND (Prudential OR Aviva) finds results containing Prudential and Axa, Aviva and Axa, or all
three.
NEARn finds documents where search terms appear in proximity of each other, eg Axa NEAR25 Prudential
will return results where Axa is within 25 words of Prudential.
Wildcard searches
Using an asterisk (*) at the beginning, middle or end of a word or part of a word will allow you to find matches that include additional letters, as represented by the asterisk.
Searching for ship* finds articles containing shipping, shipper, etc.
Searching for *building finds articles containing shipbuilding, newbuilding, etc.
Use this field to search for the lead parties involved in a dispute within a law report:
Individual
Company name
Association(s)
For example: "London", "Jones", "Insurance Association".
Use this field to search for the name of a vessel or casualty which is the subject of a law report.
For example: "Prestige", "The Resolute".
Use this field to search for key subject matter within a law report
Keywords help you find the most important topics arising within a judgment
For example:"laytime", "charterparty", "set-off", "letter of indemnity"
Use this field to search for the judge deciding on a case covered in the law reports. The surname of a judge is usually sufficient
For example: "Smith", "Lord Justice Jones"
Use this field to search for the court or jurisdiction where a judgment was decided
For example: "Singapore", "Court of Appeal".
Use this field to search the citation - the unique identifier - of a particular law report
Enter
Year published (required*)
Volume (where applicable)
and/or page number
For example, to find "[1977] 1 Lloyd's Rep 492" enter Year: "1977"; Volume: "1"; Page: "492".
Use this field to find a specific chapter title in a book or looseleaf title
For example, to find a chapter entitled "Loading and Discharging Ports, Places and Berths", enter the search "loading AND berths" or "discharging ports".
See the Search Tips for more information on the Boolean connectors and special search characters you can use to refine your search.
Use this field to find a specific article title in a news or journal title
For example, to find an article entitled "The rights of tenants under a remedial works agreement",
enter the search "rights AND tenants" or "remedial works". See the Search Tips for more
information on the Boolean connectors and special search characters you can use to
refine your search.
Use this field to find a specific article in the Special Features section.
For example, to find an article entitled "Construction law in 2021: a review ofkey legal and industry developments", enter the search "construction AND
law" or "key legal". See the Search Tips for more information on the Boolean
connectors and special search characters you can use to refine your search.
Navigating insurance claims
Settling claims under different insurance conditions: a comparative study of the American Institute Hull Clauses (2 June 1977) and the Nordic Plan 2013 (2023 version)

By Adam Rolland, Average Adjuster, Independent Average Adjusters Ltd, Bjørn Slaatten, Average Adjuster, Norway and Petros Tasios, Senior Claims Executive, Seascope (Hellas) SA
This study explores the critical differences between these two major marine insurance frameworks, highlighting how variations in clause wordings affect claims handling and average adjusting.
Key highlights:
- The Nordic Plan’s collaborative structure between shipowners and insurers, promoting clarity and reducing disputes.
- How the American Institute Hull Clauses are adapted in practice, with bespoke clauses to address specific vessel and trade needs.
- Insightful perspectives on claims-handling experiences across both sets of clauses, with a view to enhancing market cooperation and risk transfer strategies.
Lloyd’s Shipping & Trade Law: latest content available

The latest Lloyd’s Shipping & Trade Law includes the articles “A uniform law for identity management and trust services” and “The challenges of green finance”, alongside three case commentaries.
The whole issue is now available to view here.
Chinese Maritime and Commercial Law Reports
Volume 1 2025 now available

Lloyd’s List Intelligence is the only publisher of the English language edition of Chinese Maritime and Commercial Law Reports. We are pleased to announce the publication of Volume 1 2025 on i-law.com.