26 October 2016
22 November 2018
Normally referred to as war risk insurance, this type of insurance is an add-on to the normal hull and machinery insurance. The concept consists of a list of areas for which the insurer assesses that the risks to the ship’s hull are elevated, and for which an added premium will have to be paid.
19 September 2016
BARECON is a bareboat charter party. It is a lease agreement whereby the charterer obtains possession and full control of the ship along with the legal and financial responsibility for it. The charterer generally pays for all operating expenses, including fuel, crew, maintenance, repairs, and P&I and hull insurance.
The latest edition of this contract is BARECON 2017.
Copyright in BARECON 2001 is held by BIMCO.
19 September 2016
BARGEHIRE is a bareboat charter party specifically designed for unmanned, non-self-propelled seagoing barges. It is a lease agreement whereby the charterer obtains possession and full control of the barge along with the legal and financial responsibility for it. The charterer generally pays for operating expenses such as maintenance and repairs but, unlike bareboat chartered ships, barges are often chartered with owner’s insurances made available to the charterer.
Copyright in BARGEHIRE 2008 is held by BIMCO.
13 December 2017
BARECON is a bareboat charter party. It is a lease agreement whereby the charterer obtains possession and full control of the ship along with the legal and financial responsibility for it. The charterer generally pays for all operating expenses, including fuel, crew, maintenance, repairs, and P&I and hull insurance. The latest edition of this contract is BARECON 2017
20 September 2016
SHIPMAN is a ship management agreement that may include crew, technical and commercial management as well as insurance arrangements in respect of a ship.
The latest edition of this contract is SHIPMAN 2009.
Copyright in SHIPMAN 2009 is held by BIMCO.
02 July 2019
2019 so far has proved to be a year dominated by geopolitical events. The US Administration has placed sanctions on both Iran and Venezuela in a bid to reduce crude exports to zero. Tanker sabotage and disruption in the Middle East Gulf has pushed insurance premiums up and led to some shipowners to avoid the region. Potential disruptions to Libyan supply remain. The US-China trade war has threatened to generate an economic slowdown, adding further market uncertainty. Crude prices have ebbed and flowed, touching highs of $74.57/bbl in April and lows of $54.91/bbl in January as both supply, demand and geopolitical signals vie for supremacy.
The weekly tanker market report by Gibson Shipbrokers.
25 July 2019
Geoffrey Conlin is a partner with Holman Fenwick Willan based in the Sao Paulo office. He acts mainly for international insurers, reinsurers and brokers based in London and overseas. Geoffrey specializes in resolving complex, cross border claims arising from energy (onshore and offshore), property, casualty and marine risks. He has extensive experience in Ports & Terminals insurance and reinsurance. Geoffrey has acted on cases in most jurisdictions in Latin America. He also has experience advising on policy wordings and coordinating the licensing of reinsurance companies in the Latin American region. Geoffrey is a member of the British Insurance Law Association and is recommended in the Chambers Latin America 2014 and 2015 directories, with clients highlighting his "very direct knowledge and understanding of the local markets besides all the insurance coverage issues" and "his good feel for what clients need during insurance and reinsurance disputes". He is also recommended in Who's Who Legal: Brazil 2014. Geoffrey is a regular contributor to market publications and has delivered presentations on insurance and reinsurance in Latin America and in the UK. Geoffrey is qualified in England and Wales.
13 February 2020
Jessica is a Partner in Clyde & Co’s Marine and International Trade department. She has an international practice with an emphasis on shipping, trade and insurance work.
Jessica is an experienced BIMCO trianer. At the BIMCO courses, she is drawing on her significant experiences advising clients on both commercial and contentious matters. From a disputes perspective she works on cases in the English Courts and in LMAA and other arbitrations. She also advises on contracts and transactions in the marine and insurance sectors. Jessica regularly advises on disputes and commercial aspects of shipping contracts, including charterparties, bills of lading, shipbuilding contracts and ship management agreements. Jessica has a wealth of experience in cases concerning liquid, gas and dry cargoes, but has particular experience of energy shipping and tanker contracts and claims. Her clients include shipowners, charterers, ship managers, oil majors and other energy companies, traders and their insurers/reinsurers.
Jessica is listed by Legal 500 for shipping.
30 April 2020
Professor Soyer is the Director of the Institute of International Shipping and Trade Law at Swansea University (www.swansea.ac.uk/law/istl). He is a member of the British Maritime Law Association and British Insurance Law Association. He is the author of Warranties in Marine Insurance published by Cavendish Publishing (2001), Marine Insurance Fraud published by Informa Publishing and of an extensive list of journal articles published in elite journals such as Lloyd’s Maritime and Commercial Law Quarterly, Journal of Business Law, Cambridge Law Journal, Edinburgh Law Review, Law Quarterly Review, Torts Law Journal and Journal of Contract Law. He sits on the editorial boards of the Journal of International Maritime Law, Shipping and Trade Law and editorial committee of the Lloyd’s Maritime and Commercial Law Quarterly (International Maritime and Commercial Law Yearbook). He currently teaches Admiralty Law, Charterparties: Law and Practice and Marine Insurance on the LLM Programme, and is the Director of Shipping and Trade LLM programmes at Swansea.