The Singapore Convention – Implications for mediating international commercial disputes On 7 August 2019, 46 countries signed the United Nations Convention on International Settlement Agreements Resulting from Mediation (‘Convention’) (known as the Singapore Convention on Mediation). The substantial number of signatory states, including two major actors in international trade, the […]
A standard force majeure clause exempts the contracting parties from fulfilling their contractual obligations for reasons that either could not be anticipated or are beyond their control. The application of force majeure clauses is limited to the events specified in the clause. Given the unpredictable character of Brexit, and its […]
Implementation of AI platforms and blockchains in shipping Following the trend in the banking industry for using AI platforms and blockchains, IBM has recently implemented a pilot blockchain scheme with Maersk and the port of Montreal. This implemented blockchain makes the physical movement of vessels and cargos visible to all […]
