MAC clauses

In this podcast, associates Simon Domin and Ben Bryant discuss the recent Court of Appeal decision in "The Eternal Bliss" addressing the scope of demurrage clauses in charterparties, and the impact the judgment may have on parties' contractual position under their sale contracts.

In this uncertain climate, brought upon by the global oil crisis and the Covid-19 pandemic, this podcast will discuss measures available in the Singapore Insolvency, Restructuring and Dissolution Act 2018 that commodities companies can rely on to keep them afloat. 

In the latest episode of Commodities in Focus, London-based commodities partner Peter Bennett and offshore energy partner Stuart Beadnall discuss MAC clauses. They look at a number of areas, including what they are, how they operate, why they are becoming so prominent and the risks surrounding termination rights. 

In the latest episode of Commodities in Focus, London-based partners Jonathan Spearing and Emma Skakle and marine director, Rod Johnson discuss fuel flashpoints, including; what a flashpoint is, why it matters, the issues and risks that may arise in relation to flashpoints and finally, what charterers can do to mitigate those risks. 

In our opening episode, London partners Emma Skakle and Ian Benjamin discuss the new UK insolvency laws and how they might affect those involved in the sale, purchase and transportation of commodities. They explore the background to the Act and the main changes introduced by it, before considering the extent of its application to commodities contracts and charterparties, and offering some practical tips for how contractual parties might protect themselves going forward.