QCR Summer 2020: Obligations with regard to security under intermediate LOIs

On 27th April 2020, the English High Court (Mr Justice Teare) gave guidance on the requirements imposed by International Group LOI wordings and the position of intermediate parties in an LOI chain, in circumstances where an LOI is given to enable cargo to be delivered without production of the original Bill of Lading.

​In this short article, the Club takes a look back one of the most notorious historical incident in maritime history, the sinking of Titanic; this casualty gives us the opportunity to examine the reported facts, to reflect and understand human error and avoid those mistakes from being repeated that others have made.

The UK P&I Club recently held a webinar on the maintenance and proper use of mooring ropes; the webinar received an overwhelming response with attendees from more than 50 countries worldwide.

This report outlines an example of an accident caused by dragging anchor and an examination of possible ways to prevent a ship from dragging its anchors.