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Lloyd's Shipping & Trade Law

Time charterparties and the sulphur cap

As is now well known, to reduce the amount of sulphur oxide emanating from ships, the International Maritime Organization has set a global limit for sulphur in fuel oil on board ships of 0.5 per cent m/m (mass by mass), which will come into force on 1 January 2020 (the “sulphur cap”). This is set out in Regulation 14.1.3(1) of Annex VI (Prevention of Air Pollution from Ships) of the International Convention for the Prevention of Pollution from Ships (MARPOL).
Online Published Date:  29 November 2019

Charterparties forum

The London International Shipping Week charterparties legal forum, chaired by Chris Smith QC, saw Nevil Phillips speaking on cargo liquefaction and the issues which can arise under time charters. Saira Paruk spoke on the recent decision in Ark Shipping Co LLC v Silverburn Shipping (IOM) Ltd (The Arctic) [2019] EWCA Civ 1161 and the obligation to keep the vessel in class during the term of the charter, and Koye Akoni considered the decision in Classic Maritime Inc v Limbungan Makmur Sdn Bhd [2019] EWCA Civ 1102 and its impact on invoking force majeure and exception clauses; Quadrant were counsel in both of these cases.
Online Published Date:  29 November 2019

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