Tag Archives: Contract Terms
Fit For Purpose – Future Fuels and Contracts
Shipping’s energy transition is underway but the switch to new fuels will require a new commercial approach. Steve Simms of Simms Showers considers how bunker sales terms should be revised or written anew in the years ahead. With new marine fuels present in liquid natural gas, synthetic fuels, and others, the international bunkering industry… Read More »
Watch Your Language: Specificity Over Brevity in Contractual Terms
In a recent case, the United States District Court for the District of Maryland (Judge Blake) interpreted a contract’s choice of law provision as excluding the named jurisdiction’s court-made common law, and applied only that state’s procedural law. The Fourth Circuit Court of Appeals affirmed. The choice of law provision provided that [t]hese Rules… Read More »
