Shipment of Oil in UK Law
-
UK Government Publishes Guidance On The UK Ban On Oil And Oil Products
... ... If an importer is unable to prove that the oil or oil products ... they are bringing into the UK are non-Russian in origin, the ... shipment (or relevant portion of the cargo) may not be allowed to ... unload or may be subject to forfeiture ... The content of this article is intended to ... ...
-
Commodities Bulletin May, 2009
... ... by reference to published market prices at and around the date of ... shipment; and (2) the price would be paid "without deduction, ... offset or counterclaim" ... The cargo was shipped after the contractual shipment period, ... ...
-
OFAC Publication Of Price Cap Coalition Alert
... ... recipients by using indirect routing, unscheduled detours, or ... transit or trans-shipment of cargo through third countries. There ... are legitimate reasons for Automatic Identification System (AIS) to ... be turned off or "go dark" (e.g., ... ...
-
Intercoms 2020 Rules For The CIF - Cost Insurance And Freight
... ... In particular, CIF requires the seller to properly deliver the ... goods, cleared for export, on board the vessel at the port of ... shipment; to pay for the transport of the goods to the port of ... destination; as well as to obtain and pay for minimum insurance ... coverage against the ... ...
-
Export Ban: Court Construes FOSFA 201 Prohibition And Default Clauses
... ... of the prohibition in accordance with the FOSFA 201 Prohibition clause incorporated into the sale contract, the result of which was that the shipment period was automatically extended by 30 days. At the same time however, the Sellers also purported to terminate the sale contract on the grounds of ... ...
-
Measure of Damages Recoverable for Anticipatory Repudiatory Breach of Sale Contract
... ... Although the parties continued to discuss new shipment dates, this did not prevent them from affirming the March contract on the basis of the March pricing declaration in the meantime. In the judge's ... ...
-
FOB Buyers Beware: Sale Contract Letter Of Credit And Laycan Provisions Vitol SA v JE Energy Ltd
... ... LC was eventually opened, failing to extend its expiry date to ... match the likely date of shipment, and (iv) purporting to declare ... the contract null and void prior to shipment of the fuel oil by ... The decision confirms and clarifies the law ... ...
-
English Court Reviews The 'Fraud Unravels All' Principle In Enforcement Of CIETAC Arbitration Award, April 2017
... ... A letter of credit was issued by Rabobank Nederland (Rabobank) on 22 April 2010, which stipulated the latest date of shipment as 31 July 2010 (the Letter of Credit). However, on 12 June 2010 and, crucially, without the agreement of the Buyer, the Seller then instructed ... ...
-
Unstable Gasoil Cargo Held To Be Of Unsatisfactory Quality And Unfit For Purpose
... ... 2. If not, was the increase in sediment levels due to the gasoil being unstable on shipment/delivery? ... 3. If the gasoil was unstable on shipment/delivery, was it consequently not of satisfactory quality? ... 4. If the gasoil was not ... ...
-
Time limits In FOSFA Arbitrations
... ... For goods sold on CIF and similar contract terms: not later than 120 days after the expiry of the contract period of shipment or of the date of completion of final discharge (r.2(b)(i)(1)); and For goods sold on FOB terms: not later than 120 days after the expiry of the ... ...
See all results