Bad bunker fuel causes damage worth millions – but who is liable?
Since the beginning of 2018, shipping companies have experienced issues regarding bad bunker fuel. The bad bunker fuel first appeared in Houston and has since that spread to Panama and Singapore, leading to claims for millions of dollars.
It has proved difficult to hold the suppliers liable for the losses incurred. One of the challenges is the bad bunker issues are often only discovered some time after delivery of the bunkers, when the contractual notification period has expired.
Contractual limitation and notification clauses may prohibit buyers of bad bunkers from bringing claims against the contractual bunker supplier. However, under Danish law buyers may bring a claim under the rules on product liability, under which the liability provisions will be construed narrowly or set aside. Danish law also provides a wide access to bringing direct actions against other parties in the bunker supply chain. Shipping companies (and their insurers) should therefore consider the possibility of claiming on this basis.
NJORD Estonia: Four options to employ additional labour for the holidays
The holiday season is often accompanied by a shortage of own personnel. Due to an increase in shopping activity, additional labour must be hired, e.g. by shops and manufacturing companies. Based on the rules of working and rest time, the existing employees cannot perform the extra work related to the temporary increase in workload. There are four options to solve the situation.
NJORD Latvia: Money laundering cases and practice
According to the information provided by the Financial Intelligence Service (FID), 102 criminal cases involving money laundering were initiated in the first half of this year. Of these, 55% referred to autonomous money laundering offenses. As a consequence, the FID issued 159 freezing orders of €104.8 million of alleged proceeds. This sum already exceeds that of all of 2018, when assets totaling €101.5 million were frozen. By the end of this year, the FID has plans to freeze a further €200 million.
NJORD Estonia: The use of AI in dermatology and skincare
AI is believed to have great potential in the field of dermatology and skincare. Currently, different solutions are being developed in order to personalise skincare for people. For example, algorithms can be developed, which make use of computer vision and machine learning in order to help people find the right skincare treatments for them. There are two ways how AI is used for this. First, it is possible to develop computer and mobile applications, which analyse the skin of a person based on the person’s selfie. The application analyses, what the person’s skin type is and what kind of products or treatments the person should use.