Current contracts unable to address practical issues between shipowners, charterers and bunker suppliers.
Captains could not produce invoices and documents proving the legality of a total 100 kilolitres of diesel oil.
Vietnam Coast Guard escorted BPP3 to Phu Quoc port to conduct further investigations and verification.
Fines of up to $20,000 and $2,000 for every day or part of a day the offence continues after conviction.
‘Operators would be well advised not to simply insert the new provisions into their charters,’ recommends Ince & Co.
Marcus Dodds, Partner at the London office, offers a critical view of the clauses for Time Charter Parties.
Captain of Yen Dinh 0025 could not produce documents proving the legality of 120 kl of ‘DO’ oil onboard.
Fenech & Fenech Advocates takes a closer look of supplier T&C insertions in BDNs under Maltese law.
To protect against legal challenges from other parties while Brightoil undergoes restructuring.
Changes took effect from 19 December 2018 at 0001 hours, according to Port Marine Circular No.10 of 2018.
