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: Should we regulate artificial intelligence?
Businesses invest billions of dollars into artificial intelligence (AI) development, which has caused relevant government institutions to advance research into AI strategies. Therefore, the hype around AI has also led to the discussion on the need for regulation in the field. Elon Musk’s dispute with Mark Zuckerberg has brought the subject to the general public’s attention. The former insists on regulating AI and the latter sees only benefits, not threats. You can find different opinions on this issue online.
NJORD receives high ratings from Chambers and Partners
Chambers and Partners have just published their ratings of law firms and individual lawyers for 2019. Once again, several of NJORD’s departments have received high ratings, which show that NJORD is among the best, nationally as well as internationally.
NJORD Estonia: What can we expect when 5G enters our daily lives?
The 2000s brought 4G technology to consumers, which permitted the seamless use of smartphones and tablets. The 2020s will bring 5G technology allowing for a better and faster connection. With 5G more devices will be connected, enabling the Internet of Things (IoT) and powering higher definition videos, self-autonomous vehicles, and augmented reality.