HYBRID SEMINAR ON DISPUTES INVOLVING CHARTERPARTY

The global maritime industry thrives on the intricate dance between shipowners and charterers. This vital partnership is governed by charterparties, contracts that define the terms for the use of a vessel. However, the complex nature of these agreements, coupled with the ever-changing dynamics of seafaring, can give rise to disputes. These disputes can be costly, time-consuming, and disrupt the smooth flow of international trade. Charterparty disputes can arise from various situations, often stemming from ambiguities in the contract itself or disagreements on how its clauses should be interpreted. Disagreements can erupt over the calculation of hire payments, the duration of off-hire periods when the vessel is unavailable due to repairs or other issues, and who bears the financial responsibility during such periods.  Disputes may arise regarding the vessel’s speed and fuel consumption, impacting voyage timelines and operational costs. Damage to cargo during transport, shortages upon arrival, or disagreements over cargo quality can lead to significant financial losses and disputes over liability.  If a charterer directs the vessel to a port deemed unsafe, disputes can arise regarding potential loss and damage to the charterer for withdrawal of the vessel or to the shipowner for safety of the vessel and crew safety concerns etc.

Given the international nature of maritime trade, charterparties often include arbitration clauses. Hence the disputes are mostly resolved through arbitration. In exceptional cases, charter-party hire related disputes may be enforced as an action in rem by filing admiralty suit in a suitable territory as a means of recovery of claim which allows the arrest of the ship in question.

This seminar will delve deeper into the arbitration process and navigate the intricacies of this dispute resolution method.

The seminar will be conducted in hybrid fashion, where participants can join physically or virtually. Please note we have limited space for physical participation.

Speaker

Mr. Mohammed Forrukh Rahman

Head of Chambers, Rahman’s Chambers

Divisional Head, Dispute Resolution, Shipping & International

Barrister-at-Law, LL.M.(International Dispute Resolution) (London)

PGDipLaw(Maritime), PGCertLaw(Commercial & Corporate), FHKIArb, MSIArb

Member, ICC Commission on Arbitration & ADR, Paris

Panel Arbitrator, SCIA & SARCO, Member, NYSBA, SCMA

CEDR Accredited Mediator,

Advocate, Appellate Division,

Supreme Court of Bangladesh.

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Speaker

Mr. Md Moniruzzam Saddam 

Senior Associate

Deputy Head, Shipping Department

Senior Member, International Department

Rahman’s Chambers (Headquarters)

LLB Anglia Ruskin University, UK 

LL.M Swansea University, UK

Advocate, Dhaka Judge Court 

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Time Schedule

Time : 2:00 pm to 3:00 pm

Date  : 3rd April 2024 (Wednesday)

Booking Instructions:

  • Please register for our event as indicated below. Also indicate it you are joining physically/ virtually.  We will send you registration confirmation by email/SMS.
  • Materials will be provided at the time of the session.
  • There is no fee for attending the above event.

For Physical participation 

  • Advance booking is recommended.
  • Bookings are made on First come first serve basis.
  • Priority is given to Past/Present Clients in Booking.

For Registration:

Mobile: (+88) (0)1788626815

Email:  communication@rahmansc.com      

www.rahmansc.com

Click here to Register

Organized By:

Rahman’s Chambers, Headquarters 

Suite 5B, 4th Floor 
Ataturk Tower, 22, Kemal Ataturk Avenue 
Banani C/A, Dhaka-1213, Bangladesh.  

Emailcommunication@rahmansc.com
Phone: +8809678662666   

www.rahmansc.com 

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