Risk in Soft Commodities Networking Event – 18th August 2015
The Propeller Club is delighted to announce an evening event focusing on the risks in soft commodities:
1. Risk in transportation of softs – What can go wrong; insurance, geopolitical risks and market volatility by Richard Watts
2. Bunge v Nidera  UKSC 43 – The Golden Victory – An important new decision regarding the measure of damages under the GAFTA default Clause by Michael Buisset
3. Time Charterparty risks – What to do if charterers don’t pay, risk of default and the right to withdrawal; other remedies: exercising a lien and what to do if you bought bunkers from OW by Sarah Hunt
Guests: All Soft Commodity Traders, operators and trade financers
The talks will be given by 3 industry specialists and will be followed by a drinks reception.
Founder & Managing Director of HR Maritime, with extensive experience in all areas of shipping, trading, insurance, finance and legal matters. During his time at Addax & Oryx Group’s Rice Trading Company, Ascot Commodities NV, Richard managed all shipping operations for the carriage of approximately 1 million tons of rice per year to West Africa where he was responsible for all aspects of shipping, including the numerous demurrage claims, insurance and legal files. In 2008 Richard created HR Maritime, based in Geneva with the aim of proving services to the trading and shipping community. HR Maritime currently assists a wide range of clients on various operational issues. Richard is a Fellow of The Institute of Chartered Shipbrokers.
Partner at Holman Fenwick Willan, with over 11 years experience in shipping and trade dispute resolution, handling shipping and international trade matters as an English qualified solicitor. He is also qualified as a French Avocat. As part of his shipping practice, Michael advises shipowners, charterers and P&I Clubs on all aspects of dry shipping litigation and arbitration, including charterparties, bills of lading, ship sale and purchase, marine insurance (hull, cargo and P&I) and contracts of affreightment. He has particular experience of disputes involving grain and fertiliser cargoes as well as oil, mineral ores and coal shipments.
Senior Associate at Holman Fenwick Willan. Sarah acts for a range of trading companies, charterers and owners in shipping and international trade law disputes, involving petroleum products, cement, coal, ethanol and soft commodities. She has particular experience in sale contracts, charterparties, bills of lading, and off-spec cargo claims involving arbitration or Commercial Court litigation. She is one of few specialist commodity trading lawyers based in Geneva.
Where: HFW – Holman Fenwick Willan Office, 6th Floor,
Cours de Rive 13-15, 1204 Geneva
When: 18th August 2015 from 18:00
For registration, please click here.
Please be aware that spaces are limited.