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.
Petroleum Training
FOB
Contracts
Prices from
£195.00
per person
Discounts available when booking for
more than one person per organisation
Aim of Presentation
Duration 75 Mins via
Topics Covered
- Duties of buyers/sellers
- Effect of seller’s failure to load in laycan
- Substitute nominations
- BP GTCs
Your Speaker
David Clark
Director - Pequod Associates
QuickLink
+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.
Register Interest
The seminars take place on Webex and include additional time for Q&A’s throughout.
As there are a limited number of spaces available per session early booking is advisable.
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