Negotiating a contract, a charter party in maritime parlance, is a balance of leverage and sometimes a leap of faith. Certain issues are more important to companies than others, and for those issues, the language of clauses...more
4/6/2020
/ CITGO Asphalt Refining Co v Frescati Shipping Co Ltd ,
Clean-Up Costs ,
Contract Terms ,
Crude Oil ,
Oil & Gas ,
Oil Pollution Act of 1990 (OPA 90) ,
Safe-Berth Clause ,
SCOTUS ,
Shipping Cargo ,
Split of Authority ,
Strict Liability ,
Subcharter Agreements ,
Vessels ,
Warranty of Safety
As the maritime industry continues to adjust to the implementation of the International Maritime Organization's (IMO) 2020 global low-sulfur fuel regulations, key parts of the China Ministry of Transportation's (MOT) "2020...more