Charterparties: Indemnities, Recourse and Collaterals

At a time of great volatility in the shipping market, indemnities, guarantees and recourse actions are becoming increasingly common issues. Although the commercial purpose of such devices is reasonably straightforward, their enforcement gives rise to a number of complex legal issues spanning from jurisdiction and conflict of law to equitable devices. With the aim of unravelling these complexities, this collection of papers explores the topical issue of indemnities, recourse and collaterals in chartering. Bringing together papers by world leading scholars in the field, the book examines a number of crucial issues including the master to sign bills of lading as presented; the knock for knock principle, bailment and general principles of indemnity and contribution. This edited collection will be of great interest to academics and legal practitioners dealing with charter party disputes based on English, American and international maritime law.