We advise commodity traders with:

• Drafting and negotiating sale and supply contracts.
• Reviewing sale and supply contracts to highlight potential risks and gaps.
• Liabilities and disputes arising under sale contracts involving issues such as letters of credit, laycans and shipment periods, delays or failures in delivering or supplying cargo, laytime, demurrage and detention.
• Cargo quality, quantity, contamination and damage claims.
• Exclusions clauses including Force Majeure clauses.
• Recovering and/or defending sums due under sale and supply contracts.
• Letters of Indemnity, Guarantees and Undertaking.

Prior to Binnacle Legal, our Founder worked as in-house legal counsel with a fertilizer commodity trading house headquartered in the United Arab Emirates. While in private practice, he also handled arbitrations and court proceedings for traders of project cargo, fertilizers, soyabean, corn, cereal, rice, nuts, coal, steel, sand and bauxite.