Tag

force majeure

Crucible Legislation and Regulation The Crucible: May 2022 Trade Issues
London calling… Advance payment returnable on force majeure…

by Polina Sparks May 24, 2022

New Stream entered into a contract to sell diesel to Nord Naphtha. New Stream later gave notification of a force majeure event and eventually Nord terminated the contract due to…
Crucible Legislation and Regulation The Crucible: July/August 2022
London calling… Provision for the unpredictable

by Polina Sparks August 26, 2022

BIMCO’s Force Majeure Clause 20221 is a generic clause which can be modified for inclusion in a range of contracts. This may include sale agreements and charterparties. Highlights Where…
Crucible The Crucible: August 2023
Notes from the other side… The lost art of not going short

by Polina Sparks September 11, 2023

Retired metal merchant, Anthony Lipmann, illuminates trading for the young entering the world of metals. Last night I dreamt I was short of …ium – a metal we…