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Last year we sent a circular advising ship managers to review their purchase orders to make it absolutely clear to the company supplying goods or services to the ship that its contract for goods is…

If you are using a ship management agreement subject to English law, it is acceptable to use a standard limitation of liability clause as set out in the various BIMCO Shipman contracts. However, if…

by Peter D. Clark of Clark, Atcheson & Reiserthttp://www.navlaw.com/ Ship management is an integral part of today’s shipping industry. Ships require constant maintenance, repair, technical…

The standard ship management agreement, BIMCO Shipman, has been around for over 20 years. The current version is BIMCO Shipman 98 and it is expected that another version will be published very…

Inevitably, recent times have been dominated by the fall in shipping markets. These articles, therefore, mainly reflect the difficulties created by the current economic situation. Many brokers have…

In the current market it is inevitable that some principals will simply be disappointed by the broker’s view of what their ship is likely to obtain. The fall in values may create issues due to the…

Peter Clark www.navlaw.com The recently reported Harvey Mullion v. Caverton case, 2008 AMC 2361 (S.D.N.Y. 2008) raises a point of some importance to those engaged in the shipbrokerage business. The…

The current market conditions have led to a number of charterparties being renegotiated. The new business that emerges may simply be at a different hire rate or for a different period. Another common…

The volume of emails received by some shipbrokers is simply staggering. The missing of time sensitive messages, out of the hundreds received daily, is a major source of claims against…

The Baltic Exchange and the London Maritime Arbitrators Association ("LMAA") are currently promoting a mediation scheme. Mediation is a form of assisted negotiation and involves the…