An Introduction to Marine Bunker Claims Management
- Authors: Nigel Draffin
- Language: English
- Published: December of 2018
- ISBN: 978-1-908663-29-0
Marine fuel claims can be costly and time consuming. As the potential for fuel quality and availability issues comes to the fore in the run-up to the 2020 0.50% global sulphur cap, it is more important than ever to know how to respond to and manage a bunker claim.
In this important and timely new book, marine fuels expert Nigel Draffin reviews the major categories of claims and analyses the bunker contract, terms and conditions and respective counterparty positions. He then guides the reader through the key steps in managing a claim, from evidence-gathering, to mitigation, through to resolution. He also gives practical advice for fuel buyers and sellers in the event that a claim goes wrong.
The book also gives a checklist of other routes to dispute resolution, such as mediation and arbitration.
“As a practising solicitor involved in bunker claims for over 20 years, I think this book is long overdue. The bunker market has in recent years seen seismic events which have brought into question how we as an industry do business and how we resolve claims. ”
Andrew Preston, Partner – Clyde & Co LLP