Articles on wr.no

16/12/2024

How to future-proof your newbuilding project

The combination of strong cash flow in the shipping market and continued uncertainty related to regulatory requirements, fuel standards, and sustainability means that the focus on future-proofing investments continue to increase.

16/12/2024

Shipbrokers’ liability in S&P transactions – reflections from recent case law in Norway

In recent years we have seen several court cases relating to claims against shipbrokers arising out of shipping transactions. In a decision in one of those cases earlier this year, the Norwegian Court of Appeal provided useful guidance on liability of shipbrokers, and the duty of care of shipbrokers in shipping transactions.

31/05/2023

Transportation of live fish – contracting out of ­liability for cargo damage

To meet the demand for the transportation and handling of live fish, fish farmers can either charter well-boats or enter into general contracts for carriage of goods. The type of contract used will determine the shipowners’ possibility to limit liability for loss or damage to live fish during transportation.

13/12/2021

Equipment leasing in the maritime industry – protection of legal title

Companies leasing out equipment for use on board vessels need to be mindful of the legal risks and challenges in protecting legal title to their equipment. In this article we have highlighted potential threats and possible measures of mitigation.

28/06/2021

The shipbuilder’s interpellation right – Obtaining clarity in a delayed shipbuilding project

Delay in shipbuilding projects may ultimately grant the buyer a cancellation right, thereby giving rise to both legal and economic risks for the shipbuilder. Under the circumstances, the builder’s “interpellation” right can help mitigate those risks and provide clarity for both parties.

27/06/2021

Shipbuilding Notice of defects – possible traps for the buyer and the builder

A Norwegian Supreme Court decision from last year provides guidance on the importance of a buyer giving notice of defects in due time, as well as the importance of a builder reserving its rights before entering into discussions on the merits of those defects.