SHIPPING AND TRADING TRAINING FOR TRADERS, OPERATORS AND BANKS
April 10th 2018, 14:00-18:00
Venue: Villa Sassa Hotel, Via Tesserete 10, 6900 Lugano
In collaboration with:
We are pleased to invite you to our Shipping and Trading Training for Traders, Operators and Banks. The audience will be guided through case studies taken from our Geneva Shipping and Trading team’s experience on Sale Contracts, Charterparties and Bills of Lading.
14:00 SESSION ONE
Case update on developments in shipping and trading law
The highlights from this update include (amongst others) a favourable Supreme Court judgment secured by HFW in Taurus Petroleum Ltd v SOMO  UKSC 64 (beneficiary identity/LC) and a further Supreme Court judgment in Volcafe v CSAV  UKSC 61 (Hague/Hague-Visby Rules). Other cases cover accessibility of berths, Hague/Hague-Visby time bars and recovery by the lawful holder of the BL.
15:00 SESSION TWO
Charterparties, Substitution of Vessels, LOIs and Fraud, Liens
This session will consider an FOB buyer’s right to substitute its nominated vessel in sale contracts, then examine the risks posed by fraud in the metals trade looking at the wider consequences for parties who counter-sign letters of indemnity (LOIs), and conclude with an explanation of liens and the right to withhold discharge, with a case study on whether Owners can hold Charterers to ransom.
16:00 COFFEE BREAK
16.15 SESSION THREE
Bills of lading
We will explore the three primary functions of a bill of lading, being a receipt, evidence of the contract of carriage and a document of title. We will examine the evidential value of a bill of lading, the interaction between the bill of lading and the charterparty which it incorporates, and the transfer of the rights and liabilities under a bill of lading. concluding with case studies involving metals and bulk commodities.
17.15 SESSION FOUR
Contracts under Swiss law
A substantial number of international sales contracts for commodities or for manufactured goods are governed by Swiss law. We will discuss a number of issues which frequently arise in connection with such contracts, and will review some of the remedies which are available when a sales contract is breached. Topics will include quality claims, force majeure and time bars.
18.15 DRINKS AND NETWORKING WITH PARTICIPANTS
Michael Buisset, Partner, HFW
Sarah Hunt, Partner, HFW
William Hold, Senior Associate, HFW
Caroline West, Associate, HFW
LCTA Members CHF 290
Non LCTA Members CHF 400
If a participant cannot attend the course, it is possible to be substituted by another person. If the absence is not notified within 5 days from the course, 30% of the fee will be withheld as part of administration costs. No notification at all will imply that the course fee will remain due to full payment, despite the non-attendance of the delegate.