The Annual Colloquium of the Institute of International Shipping and Trade Law (IISTL) was held on 6-7 September, back in its traditional in-person format for the first time post-COVID, but with additional online-streaming facilities for those who could not reach Swansea in person.
By tradition, each of these events focuses on a particular aspect of shipping or commercial law. This year the focus was on damages, remedies and recoveries.
The papers presented raised a large number of novel and important legal issues and problems arising in this field. Present this year was the usual cast of leading legal practitioners and academics from the UK, Europe and further afield. As ever, the speakers were carefully-selected, providing a balance between academia and practice, but nevertheless ensuring that all were absolutely at the cutting edge of their disciplines.
An excellent feature of this year’s event was the lengthy debate that followed every single session, something which demonstrated great engagement from delegates both in person and virtually.
The following papers were presented at the event:
- Deductions from Damages - Net Values (Florian Schacker, Associate, HFW, London)
- Reflective Loss (Professor Andrew Tettenborn, IISTL, Swansea)
- Mitigation - Is it Relevant when Assessing Damages for Breach of Charterparties? (Simon Croall QC, Quadrant Chambers, London)
- Ship Seller’s Potential Duty of Duty of Care in respect of Buyer’s Dismantling of Vessel (Grace Asemota, Partner, Hannaford Turner LLP, London)
- Judgments in Bitcoin, Currency of Judgment (Josephine Davies, Twenty Essex, London)
- Ship Operators’ Obligations & Liabilities under the EU Emission Reduction Strategy (Professor Lia Athanasiou, Athens University, Greece)
- Prospect of Recovering Damages for Delay in Shipping Cases (Andrew Preston, Partner, Preston Turnbull LLP, London)
- Late Payment of Insurance Claims (Peter Macdonald-Eggers QC, 7KBW, London)
- Damages and Other Remedies in the Context of Smart Contracts (Dr Adam Sanitt, Knowledge Director, Norton Rose, London)
- IoTs in the Insurance Context (Professor Baris Soyer, IISTL, Swansea)
- Digital Banking and Emerging Problems (Dr Andrea Migionico, Reading University)
- Punitive Damages- A View Across the Pond (Professor Michael Sturley, University of Texas, USA)
- Tort Liability for Faults of Third Parties (Professor Simon Baughen, IISTL, Swansea)
- Claims for Third Party Losses in Carriage of Goods by Sea (Dr Melis Ozdel, UCL, London)
- Specific Remedies in Shipping (Chris Kidd, Partner, Ince, London)
- Anti-Suit Injunctions (Dr Aygun Mammadzada, IISTL, Swansea)
- Limitation of Liability - New Trends (Associate Professor Frank Stevens, Erasmus University, Rotterdam)
Speaking after the event, Professor Soyer, Director of the IISTL, said:
"I was delighted by the quality of papers and contribution of delegates at this event. It was important on our return to the traditional in person format to offer participants a seriously memorable experience. I think we succeeded.
We are also enormously grateful to Informa Law for continuing its support to us by sponsoring the event. We shall publish the papers in book format in 2023 with Informa Law after giving adequate time to authors to reflect on what they said and on the observations, and comments they received during the event.”