Acceptance of notice of readiness - shifting time - GENCON

GENCON update will include new owners’ responsibility clause

BIMCO’s Documentary Committee has discussed and approved a proposal to re-write GENCON’s Clause 2, which deals with owners’ liabilities. It is part of a major overhaul of the industry’s most widely used standard voyage charter party.

Allie Loweth

Allie advises clients on a wide range of marine, commercial and international matters in the offshore and energy sectors. She has extensive practical experience of both transactional and contentious work including more than 5 years working in-house for a global oilfield service company. Allie’s work comprises advising on regulatory issues, day-to-day operational matters, contracts (including charters, offshore service contracts, drilling contracts, shipyard agreements, ship agency agreements, equipment leases, product sales and license arrangements), bespoke complex projects and restructurings, disputes and crisis response.

GUEST OPINION: John Weale on GENCON 2022 - Part 2 The Drafter's Challenge

Laytime & demurrage under the new GENCON - an opinion piece by John Weale, Chairperson of the GENCON revision subcommittee

Brazil, Rio de Janiero, Itaguai - Anchorage

Elizabeth Sloane

Elizabeth is a partner at the Hong Kong office of Stephenson Harwood, specialising in complex, multi-jurisdictional litigation and arbitration. She has extensive experience in a range of commercial disputes, including cross-border fraud, corporate insolvency, and marine litigation and arbitration. Elizabeth has advised clients in a broad range of commercial disputes, and has acted for liquidators and other stakeholders in insolvencies. She has particular interest and experience in locating and securing the proceeds of fraud, obtaining injunctions and disclosure orders, and tracing assets. Elizabeth also practices in the maritime sector, with experience in arrest, judicial sale, jurisdictional challenges, limitation of liability, and shipping insolvencies. In addition, she assists clients to manage litigation in other jurisdictions. Elizabeth is admitted to practice as a solicitor in Australia, Hong Kong, and England and Wales. She joined Stephenson Harwood in 2016 from another international law firm. Elizabeth has been based in Hong Kong since 2008.

Laytime & Demurrage Masterclass

This masterclass covers principles on laytime and demurrage for both dry and wet trades. The course examines, in a practical way, the application of laytime and demurrage in the daily operations. It covers the key legal concepts and a step-by-step approach to effectively use the knowledge to work strategically with laytime calculations to boost profitability.

Laytime & Demurrage Masterclass

This masterclass covers principles on laytime and demurrage for both dry and wet trades. The course examines, in a practical way, the application of laytime and demurrage in the daily operations. It covers the key legal concepts and a step-by-step approach to effectively use the knowledge to work strategically with laytime calculations to boost profitability.

Laytime & Demurrage Masterclass

This masterclass covers principles on laytime and demurrage for both dry and wet trades. The course examines, in a practical way, the application of laytime and demurrage in the daily operations. It covers the key legal concepts and a step-by-step approach to effectively use the knowledge to work strategically with laytime calculations to boost profitability.

Important UN charter party under revision

Work on revising the UN voyage charter party WORLDFOOD continued with a two days meeting at the World Food Programme’s headquarters in Rome earlier this month.