This aims to provide an understanding of the interrelationship of duties between buyers and sellers under a FOB contract and how this impacts on nominations. The talk will also consider the effect of a specified loading window on buyers and sellers and then go on to look at how the BP GTCs deals with these issues.
Discounts available when booking for
more than one person per organisation
Aim of Presentation
Duration 75 Mins via
- Duties of buyers/sellers
- Effect of seller’s failure to load in laycan
- Substitute nominations
- BP GTCs
Director - Pequod Associates
+44 (0) 207 953 7988
David qualified as a solicitor in the 1990s. As a result of having previously worked as in-house counsel for one of the largest independent oil traders, he now specializes in petroleum shipping & trading claims. He also handles cargo recovery claims involving both petroleum & other commodities, as well as port and terminal disputes.
Besides acting for the cargo insurance market, his clients include refiners, oil traders & oil majors whom he assists with their sale contract & charter party disputes (principally demurrage & additional freight claims). He also provides guidance on the drafting of tanker charter party additional terms.
David is a regular speaker on matters such as laytime & demurrage, interim port & STS clauses, petroleum loss & sale contract terms.