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30-11-2020 (Live Online)

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Live Online: Towage & Salvage Commercial Agreements

30 Nov – 3 Dec 2020 | 1:30pm-5:30pm (SGT) | Live Online

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Register 2 Delegates & the 3rd Comes free!

overview

Legal Principles, Risks, Negotiation & Drafting

 

About The Course

Covering most commonly used contracts, this masterclass offers thorough analyses of legal principles behind towage, salvage & wreck removal agreements. Through highlighting numerous scenarios and real-world case studies, attendees will examine practical matters to be considered in mitigating legal risks. The prorgramme is essential for all related stakeholders in a contract, including owners, cargo interests, salvors, P&I and insurers.

Aimed at enhancing participants’ capability in negotiating, drafting and handling legal disputes associated with towage & salvage contracts, numerous issues and clauses to be discussed will include late delivery/extension, withdrawal; non-payment of hire; LOF 2020; vessel maintenance; emergency response practices; SCOPIC clauses; knock-for-knock liability; general average.

 

Key Learning Outcomes

  • Refreshers on contract law and legal systems governing contracts
  • Legal principles behind towage and salvage, international conventions and standard contracts
  • Legal issues and risks regarding towage & salvage contracts
  • In-depth analyses of common contracts (e.g. Towcon, Towhire, Wreckhire, etc)
  • Emergency response and crisis management – claims & experiences to date
  • Navigating the relationships between different stakeholders in a casualty (e.g. owners, BCOs, salvors, P&I and H&M)
  • Termination of salvage services, general claims handling issues
  • Insurance coverage, knock-for-knock liability regime and general average issues
  • Negotiation & drafting tips
  • Different forms of dispute resolution with a focus on indemnities.

 

Case studies & Discussions include

  • General Average
  • FPSO Towcon contract
  • Wreck removal negotiations
  • LOF 2020 (Lloyd’s Open Form 2020)

pricing

Packages Price
Live Online LearningSGD $2876

Register Group of 10 for SGD $12,950

Register 2 Delegates & the 3rd attends FREE!
Group rate is based on normal rate only.
For Group Registrations, email register@informa.com or call +65 6508 2401

 

  • Special Group Discount pricing is applicable to groups of 2 or more delegates from the same organisation registering for the same event, at the same time.
  • Fee stated is the discounted price PER DELEGATE. Only one discount applies – either the early bird rate OR the Special Group Discount.
  • A 7% Goods & Services Tax (GST) is applicable to all Singapore based companies for Singapore venue.
  • View payment terms and bank transfer details, click here »

Course Directors

Matthew Dow
Senior Associate, Wikborg Rein (Singapore)

View profile »

 

 

Chris Grieveson
Partner, Wikborg Rein LLP

View profile »

 

 

Live Online Learning

Stay Home. Skill Up!

The current Covid-19 pandemic has put strains on various areas of business, especially when it comes to deriving commercial value from new initiatives. During this phase of self-isolation and working from home, we can help you meet your professional development needs and you can still take your professional development plans to the next level.

To support your learning goals we have converted our face-to-face trainings to LIVE Online Sessions. This way you can continue to attend live and interactive training sessions within the virtual classroom space where you can see and speak, with your Subject Matter Expert and other participants.

Benefits of Live Online Learning

Aimed at offering you immediate, high-quality practical information whilst minimising time and expenditure associated with travelling, our digital training platform enables you to interact in real time with course directors and remotely network with your fellow participants.

  • Classroom Experience: Progress with fellow participants as you would in an on-site class
  • Guaranteed cost-effectiveness: Travel budget saving, plus 20% price advantage for online participation
  • Controlled environment with speakers managing the Q&A and discussions and tools for enhanced interactions
  • Module-based approach to effectively manage your time and revisions
  • Earn your Digital Certification and broadcast your achievements to your peers
  • Onboarding: Available for all attendees
  • Proven and secure training platform

 

Click here to know more >

Digital Badge

Upon completion of this training course, participants will earn a digital badge.

Eligibility:
Attend and participate in the full training course duration, led by the designated training expert

Available to:
Seminar attendees

Digital Badge FAQ >

Agenda

MODULE 1

Law of Towage & Salvage

  • International conventions
  • Liabilities and indemnities
  • Standard contracts

 

Towage Contracts

  • Towage contract principles
  • Towcon, Towhire
  • Practical legal issues and risks to consider and mitigate including:
    • Delivery, late delivery, extensions
    • Vessel description, vessel maintenance
    • Non-Payment of hire, suspension & withdrawal, termination
    • Others

 

Emergency Response & Crisis Management: Claims & Experiences To Date

  • Evidence preservation
    • Causation
    • Salvage services
    • Potential disputes between stakeholders
  • Environmental considerations
  • Case handling
  • Dealing with authorities

 

MODULE 2

Salvage – Legal Principles

  • Principles of salvage
  • LOF 2020
  • Article 13

 

Salvage – Practical Considerations (Legal & contracts)

  • LOF
  • TOWCON, TOWHIRE
  • Wreckhire, Wreckstage, Wreckfixed
  • Particular considerations
    • Special compensation
    • SCOPIC clauses
    • Calculation of an award and options in relation to caretaking contracts after the termination of salvage services rendered under and LOF

 

Termination of Salvage Services

  • When do salvage services come to an end
  • Security instruments and guarantees
  • Insurance coverage
  • General claims handling issues
  • ISU1 & ISU2 forms
  • Interrelationship between P&I and Hull policies

 

MODULE 3

Knock for Knock

  • Knock for knock liability regime
  • General issues of insurance

 

Case Study:

Case study involving the towage of an FPSO from the Mediterranean to South East Asia under a Towcon contract, disputes arising out of the contract and it performance resulting in proceedings in Singapore and London.

 

Wreck Removal Contracts – Negotiations & Drafting Tips

  • When salvage is no longer an option – what to expect when negotiating a wreck removal operation
  • Drafting tips in relation to Wreckhire and Wreckstage forms

 

Stakeholders in A Casualty

  • Perspectives and relationship between stakeholders in a casualty
    • P&I
    • Owners
    • Cargo owners
    • Salvors
    • P&I and Hull

 

MODULE 4

General Average

  • Principles and application of general average
  • Adjustment of GA and examples
  • Enforcement of rights
  • Pollution expenses and liabilities

 

Case Study: CMA CGM Libra

A recently reported case in relation to liability of cargo interests to contribute to general average expenses if the grounding of the vessel was caused by unseaworthiness.

 

Dispute Resolution and Indemnities
Different forms of dispute resolution with a focus on indemnities

when & where

30 Nov - 03 Dec 2020

1:30pm-5:30pm (SGT)
Live Online

On-site & in-house training

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