Spread the love Seven (7) Takeaways from the Business Law Weekly Series 24: “A Fireside Chat with Gbenga Oyebode: The Law, SBL & The Business Environment” 1. The development of a society through the law: Practicing…
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Spread the love By Foluke Akinmoladun For a shipping company, its ability to be a going concern, that is, be solvent and profitable into the foreseeable future, is important to its owners, shareholders, agents, staff, crew…
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Spread the love By Foluke Akinmoladun The term sheet details the amount of the loan, repayment schedule, interest rate, duration of the loan and any other fees related to the loan. The arranging bank holds a…
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Spread the love By Foluke Akinmoladun Syndicated loans became a feature in shipping finance because it became harder and harder for single lenders to lend out large sums of money and absorb the attendant risk. Borrowers…
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Spread the love By Foluke Akinmoladun The main differences between Liner and Tramp could be noted in the type of contract of carriage and Bill of Lading used; type of cargo they generally carry and the…
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Spread the love By Foluke Akinmoladun In the engagement of vessels for the carriage of cargo, be it dry bulk cargo, liquid bulk cargo, manufactured or semi-manufactured goods, the vessel engaged maybe either one on a…
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Spread the love BY KELECHUKWU UZOKA As a lawyer practicing in Nigeria, I have witnessed the huge impact technology has had on the legal industry and law practice in general. In recent years, the use of…
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Spread the love By Foluke Akinmoladun Private placements are typically “buy-and-hold,”-long term investments so the shipping company would benefit from having a long-term relationship with the same investor throughout the life of the financing. Additionally, it…
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Spread the love The President of the Nigerian Bar Association (NBA), Mr. Yakubu Chonoko Maikyau, SAN has appointed former NBA Lagos Branch Chairman, Mr. Chukwuka Ikwuazom, SAN as Chairman of the NBA Security Agencies Relations Committee.…
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Spread the love By Foluke Akinmoladun A Tramp Service or tramper, on the other hand, is a ship that has no fixed routing or itinerary or schedule and is available at short notice (or fixture) to…
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