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CML Seminar Series, “Negotiating for a load of crude: The legal certainty of contractual uncertainty”

Event Date

From Wednesday 22 Jan 2025 - 04:30 PM To Wednesday 22 Jan 2025 - 06:00 PM

Venue

The Executive Centre Level 4 Ocean Financial Centre 10 Collyer Quay Singapore 049315

Organiser

National University of Singapore Faculty of Law

Practice Area

Admiralty Practice / Shipping

MEC segment

NA

Training Level

Intermediate

Public CPD Points

1.5

Event Outline

Crude oil is traded via short emails and confirmation notes processed by teams, leading to requests for amendments. Parties rarely agree on all amendments, yet most deals succeed. The lack of detailed agreements is concerning. In BP Oil v Glencore [2022], the court found certainty. What’s the impact on trading practices?

Event Link

NUS-31M-250072

Event Attachment

NUS-250072_EventBrochure.pdf