Steamship Mutual
U.S. Tariffs & Trade
The Club, and particularly our global offices in New York and Hong Kong, are closely monitoring developments in relation to the USTR section 301 Investigation and recent ‘reciprocal tariff’ announcements from the United States and China.
This page is designed to keep Members up to date with the latest industry information and updates from our correspondents and other recognised sources regarding developments in the United States and China. Please bear in mind that the situation is dynamic, and the operational status of these tariffs is subject to change at any time – Members are therefore advised to contact their local agents for the latest advice.
Publications
The Grand Amanda: The Implied Indemnity Revisited
UK High Court clarifies implied indemnities in Sino East Transportation Ltd and Grand Amazon Shipping Ltd.
The case arose from a dispute under a NYPE 1946 charterparty involving the bulk carrier ‘Grand Amanda’, chartered to carry soya beans from Montevideo and Bahia Blanca to China. Owners sought an indemnity of over
US$6 million from Charterers for losses and expenses incurred after being held liable in Chinese court proceedings.
The judgement provides important guidance on the application of implied indemnities in charterparty disputes.
Articles
