QCR Summer 2020: Singapore High Court clarifies applicable interest rate in LOU after constitution of limitation fund
AS Fortuna Opco BV and another v Sea Consortium Pte Ltd and others  SGHC 72
The above Singapore High Court decision was issued by the Club as a Legal Update on 10.06.20. Please click here to read the decision.
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Legal Update: Singapore High Court clarifies applicable interest rate in LOU after constitution of limitation fund
The Convention on Limitation of Liability for Maritime Claims 1976 sets uniform rules relating to the limitation of liability for maritime claims.
Australia: COVID-19 Update
Members are advised that effective 12:00pm, Thursday 22 July, South Australia transitioned from a 'low risk' state to a ‘medium risk’ state, advance warning of a FIC has also been given which will run in Australia from 1 August to 31 September 2021 to determine the level of compliance with the safety of navigation requirements of International Conventions and familiarity of the masters and officers with their processes for ensuring safety of navigation.