This book consists of edited versions of the papers delivered at the Institute of International Shipping and Trade Law’s 11th International Colloquium, held at Swansea Law School in September 2015. Featuring a team of contributors at the top of their profession, both in practice and academia, these papers have been carefully co-ordinated so as to ensure to give the reader a first class insight into the issues surrounding international sale and carriage contracts.

The book is set out in three parts:

  • Part I offers a detailed and critical analysis on emerging issues and unresolved questions in international sales and the carriage contracts affected to facilitate such sales.

  • Part II critically and thoroughly analyses the legal issues that often arise in the context of security over goods, letters of credit and similar documents.

  • Part III is dedicated to a critical and up-to-date discussion on matters concerning cargo insurance in this context.

With its breadth of coverage and high-quality analysis, this book is vital reading for both professional and academic readers with an interest in international trade and carriage of goods.

part 1|51 pages

Contemporary Issues in International Sale Contracts

chapter 2|20 pages

Slow steaming clauses and international sales contracts

A successful marriage?
ByTheodora Nikaki

chapter 3|17 pages

Laytime and demurrage in CIF and FOB contracts

BySimon Baughen

part 2|110 pages

Carriage and Sales

chapter 5|17 pages

Consignees' rights under the Rotterdam Rules

ByMichael F. Sturley

chapter 6|16 pages

Consignees' rights in European legal systems

ByFrank Stevens

chapter 8|21 pages

Letters of indemnity for delivery without a bill of lading

ByRichard Williams

chapter 9|18 pages

The rising tide of paperless trade

Analysing the legal implications
ByM. A. Goldby

part 3|60 pages

Payment and Security

chapter 10|12 pages

Economic sanctions and letters of credit in international transactions

ByDamian Honey, Michael Buffham

chapter 11|20 pages

Islamic letters of credit – square peg in a round hole

ByJason Chuah

chapter 12|11 pages

Do I want my documents back? A documentary credit dilemma

ByStuart Shepherd

part 4|54 pages

Contemporary Issues in Cargo Insurance

chapter 14|25 pages

Cargo insurance and open covers

ByPeter MacDonald Eggers

chapter 15|14 pages

The ICC transit clause – developments and fault lines

BySara Cockerill