Introduction
Charterparties and contracts in the offshore industry often have liability provisions which are quite different from those usual in other maritime contracts and charterparties. This session will be examining the characteristic offshore regime by which each party agrees to bear liability for its own personnel and property, and it is also agreed that there will be no claims in respect of losses other than for personnel and property. Three speakers will consider how far this regime is effective under English law, and the fourth will comment from the point of view of US law.
The Centre will also be presenting a session in March on the insurance of offshore projects and liabilities arising from offshore operations. The issues at this first session will include:
• ‘knock for knock’ provisions, including those in Supplytime and Towcon/Towhire
• excluding ‘consequential’ damages
• ‘gross negligence’, complete non-performance, and other ways parties may try to escape from the liability regime
Post Event notes:
LSLC Members – please see the Offshore Contracts and appendix. You will need to login to access these files.
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If you are not a member, then please consider joining, or contact us for details on how to purchase these notes.