Contract with Chinese shipyard Jiangsu Jinling sees newbuilding scheduled for delivery by 2022.
Expects issues become more acute after implementation of 2020 global sulphur cap in marine fuels.
It is the onus on a party seeking to limit liability to provide all information at early stage, says lawyer.
Detailed 79-page CCS Technical Notice includes list of documents, attachments and download links.
‘Dispute has been resolved privately between MPMT and CrestSA with no further liens on the vessel.’
Firm would be ‘forced to enter into a full liquidation process’ if approach does not work, it warns.
Campbell Johnston Clark explains to Manifold Times what ship owners and charterers should be aware of when facing a legal suit against contaminated marine fuel.
Christoffer Berg Lassen won recognised at the 20th S&P Global Platts Global Energy Awards.
Covers a range of illicit activities including illegal oil bunkering, crude oil theft, piracy, and more.
Marine Sulphur Content Clause and Fuel Transition Clause now available on the BIMCO website.