“Commercial Awareness Is Global.”
By: Carsten Lexa, LL.M. A group of German insurers will help shipowners in cases of war risks. For the first time, shipowners in Germany can get insurance against war risks. Shipowners will be able to insure their cargo ships against the consequences of martial conflict and pirate attacks. Normally, German shipowners insure their cargo ships against these risks in London
By: Carsten Lexa, LL.M. The Incoterms (“International Commercial Terms”) are a series of international sales terms, published by the International Chamber of Commerce (ICC) and widely used in international commercial transactions. These sales terms that govern delivery duties, transportation duties, duties regarding customs clearance and regarding transfer of risk have been revised. They will be published officially at the end of September
By Charles Wanguhu Well with Ash rising over European skies causing all kinds of travel chaos, it is quite suprising and hard to fathom the impact of one volcano is having on the continent of europe and over its neighbours. At the Jomo Kenyatta International Airport in Nairobi a stink has engulfed the main cargo centre where once freshly cut flowers
By Charles Wanguhu The town of Lamu began life as a 14th century Swahili settlement and is described in the official tourism website: “Lamu is a place like no other, a peaceful tropical island where life is lived at it’s own relaxed rhythm. a beautiful place of rolling dunes and endless beaches, where tiny villages nestle among coconut and mango
Commercial Law International would like to announce a lecture by Dr. Jason Chuah of the University of Westminster entitled: Doctrinal Integrity in Private Maritime Law and Legal Transplants. Dr. Chauh is Head of the Department of Advanced Legal Studies at the University of Westminster. He is currently Chair of the London Universities Maritime Law and Policy Research Group. He is
By Charles Wanguhu The doctrine of Forum non conveniens offers a court the opportunity to decline, in the interest of justice, to exercise jurisdiction, where the suit is between aliens or nonresidents, or where for kindred reasons the litigation can more appropriately be conducted in a foreign tribunal. Placing the above in context, what is Kenya’s interest in a British
By: Ainsley Brown Contango! What is a contango? No it’s not an even more exotic version of the sultry Latin dance, nor is a tropical fruit. Then what is it? Contango, as explained on Money Morning, “denotes a normal and very specific condition associated with futures contracts in which the price of oil for distant delivery months from now exceeds
Ah! The beautiful island of Mauritius……..Ah! It is January and for many in the northern hemisphere winter has fully excreted its cold, snowy and unyielding grip. This is the time when the winter blues set completely set in. It is when we daydream, drift off and wish for sunnier and warmer climes. Ah! The beautiful island of Mauritius, a green