April 2014

How is Laytime Treated When Other Cargoes are Handled Simultaneously?

April 26, 2014

This is a question that part cargo shippers often ask. The answer hinges on the express terms of the contract and the facts surrounding the event. Part cargo shippers mistakenly assume that laytime should automatically be shared across all cargoes handled at the same terminal. Furthermore, confusion regarding the treatment …

Public Dock Clause — What Gives?

April 20, 2014

WHAT IS THE PUBLIC DOCK CLAUSE AND WHY has it been getting so much attention lately by oil majors, chemical producers and trading companies? The Public Dock Clause is most commonly found in commodity sales contracts for cargo deliveries at ports in North America and the Caribbean. While this clause …