Maritime Law (Dry Shipping)

Maritime Law (Dry Shipping) covers the most important areas of dry law. We look at bills of lading, which is considered to be the most important document in the carriage of goods by sea. We identify the different types of bills of lading, and in particular look at the different functions of the bill of lading, besides also identifying the key statutes on bills of lading.

We then go on to look at the common law undertakings, the reasons behind Hague, and Hague/Visby Rules, the limitation regime under the Hague/Visby Rules, and the obligations of the carrier under the H/Visby Rules, when will the H/Visby Rules apply, and the Hamburg Rules.

We examine voyage charterparties. Payment obligations under voyage charterparties, namely, freight. How freight is calculated, when payable, and by who and remedies for non-payment. We look at what is laytime and what purpose it serves, what is NOR, and importantly, what is demurrage and what is despatch money.

We then look at time charterparties and how they are different from voyage charterparties. The payment obligation – hire, prompt payment of hire and the payment of hire clause. We look at the key clauses relating to off-hire, final orders and redelivery to the shipowner.

Finally, we consider arbitration and more particularly maritime arbitration, and how it helps in the settlement of maritime disputes.