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You are here: Home → Archive → 2009 → October → Weekly Edition 29th October 2009 → Court decision highlights importance of clear lines of authority for shipbrokers

Court decision highlights importance of clear lines of authority for shipbrokers

by Rob McKay — last modified Oct 29, 2009 03:42 PM

THE CHARTERED Institute of Shipbrokers has warned against complacency in the wake of the Global Hawk case.

A BHP Billiton (BHPB) arm has won a Federal Court action against Cosco Oceania Chartering in a finding that focused on the relationship between shipbrokers and their clients.
While in the majority of transactions, the proper authority assumed does exist,...

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