Ship Law Log » Time Charters

The global shipping industry is the backbone of international trade. This article explores areas in which legal strategies can help the shipping industry meet supply chain risks

https://www.shiplawlog.com/2023/10/09/legal-strategies-contingency-planning-shipping-supply-chains/

Reed Smith recently acted for a mortgagee client who successfully purchased a vessel at a judicial auction, following default by a borrower under a loan facility and the vessel’s subsequent arr...

https://www.shiplawlog.com/2021/04/22/bunkers-legerdemain/

The Supreme Court decision in the Ocean Victory was handed down this morning.　 We will prepare a detailed client alert on the implications of the decision, but for now can report that: (1) Unsa...

https://www.shiplawlog.com/2017/05/10/the-supreme-court-decision-in-the-ocean-victory/

NYK Bulkship (Atlantic) NV (Respondent) v Cargill International SA (Appellant) (“The Global Santosh”) UKSC 20 (overturning the Court of Appeal EWCA Civ 403) The Supreme Court last week hand...

https://www.shiplawlog.com/2016/05/17/the-global-santosh-the-supreme-court-provides-guidance-on-a-charterers-responsibility-for-its-agents/

The recently decided case of SBT STAR BULK & TANKERS (GERMANY) GMBH & CO KG V COSMOTRADE SA (THE “WEHR TRAVE”) EWHC 583 (Comm) in the Queen’s Bench Division of the Commercial Court and bef...

https://www.shiplawlog.com/2016/04/19/dont-trip-up-a-warning-for-owners/

Further to the previous post commenting briefly on Spar Shipping AS v Grand China Logistics Holding (Group) Co., Ltd, for further details and commentary please see the recent Reed Smith Client Al...

https://www.shiplawlog.com/2015/03/27/client-alert-is-payment-of-time-charter-hire-a-condition-the-astra-reconsidered/

In Kuwait Rocks Co v AMB Bulkcarriers Inc (The Astra) (as reported in a previous post), the court determined that the obligation to make punctual payment of hire under the amended NYPE time chart...

https://www.shiplawlog.com/2015/03/26/is-payment-of-time-charter-hire-a-condition-the-astra-re-considered/

Maestro Bulk Ltd v Cosco Bulk Carrier Ltd (The “Great Creation”) EWHC 3978 (Comm) The vessel was chartered on an amended NYPE form for a minimum of four months and a maximum of five months, ...

https://www.shiplawlog.com/2015/01/22/court-considers-nature-of-the-breach-and-consequent-measure-of-damages-in-early-redelivery-case/

London Arbitration 18/14 The vessel in question was the subject of two charters on the NYPE 46 form, for one time charter trip under each, with the second charter being in direct continuation of ...

https://www.shiplawlog.com/2014/11/21/tribunal-rules-on-speed-and-performance-claims-under-two-consecutive-time-charterparties/

London Arbitration 19/14 Two new buildings were let by Owners to Charterers on an amended NYPE form for a period of about 35 months up to 37 months. Hire was to be paid semi-monthly in advance. C...

https://www.shiplawlog.com/2014/11/21/owners-validly-exercised-right-to-withdraw-for-non-payment-of-hire-and-awarded-discounted-damages-for-repudiatory-breach/