TRANSPORT SHIPPING TRADE Project Cargo shipments: tips from legal advisor Natalia Myroshnychenko,...
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Transcript of TRANSPORT SHIPPING TRADE Project Cargo shipments: tips from legal advisor Natalia Myroshnychenko,...
![Page 1: TRANSPORT SHIPPING TRADE Project Cargo shipments: tips from legal advisor Natalia Myroshnychenko, Interlegal.](https://reader031.fdocuments.in/reader031/viewer/2022032723/56649f575503460f94c7bdf3/html5/thumbnails/1.jpg)
TRANSPORTSHIPPINGTRADE
Project Cargo shipments:tips from legal advisor
Natalia Myroshnychenko, Interlegal
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Cancellation of shipment
Pre-shipment
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CharterersCharterers
Gencon/Booking Note
OwnersOwners
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• Charterers’ cancellation: Non-readiness of cargoFinancial problems of Cargo Buyers
Grounds for cancellation
• Owners’ cancellation: Vessel’s delay for laycanImpossibility to take another part cargo
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Charterers:
We hope you understand charterer’s current situation and forgive us for causing trouble for this contract.
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Notice of cancellation
•Grounds•Cancelling clause •Jurisdiction
Cancelling Party
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Counterparty to Cancelling PartyImmediate short claim•Statement of contract breach •Declaration of damages•Grounds for recovery•Jurisdiction
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Voyage
Late delivery
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Charterer
?
Shipowner
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Charterers’ positionOwners’ failure to prosecute the voyage with due dispatch
Breach of delivery term
Owners’ positionJustifiable deviation
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English case law justifiable deviation – voyage charter• to effect repairs to the ship (see Kish v. Taylor [1912])• to avoid capture or confiscation (see the Teutonia [1872])• to save life or property (see Monarch v. Stamp [1880])• to load full cargo (see Wallems v. Muller [1972])
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Registered Owners
Registered Owners
ChartererCharterer
Time Charter
Voyage Charter
Time Charterer
Time Charterer
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• Agreed port rotation
• Fixed transit time
• ‘First out’ basis
• Penalties clause
DELIVERY TERMCLAUSE/AGREEMENT
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Post - voyage
Dispute
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“Arbitration in London, English law”
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Arbitration in London without any reference to the number of arbitrators
No express mechanism for the appointment of the arbitrator
One arbitrator only
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English Law, Arbitration in London, the reference tothree arbitrators in accordance with the LMAA Terms
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2/4 Observatorny lane, office 57Odessa, 65014, Ukraineemail: [email protected]
IMMTA Transport, Shipping & Trade
tel.: +38 0482 33.75.28fаx.: +38 0482 49.69.25
mob.: +38 048 703.75.05