
Bunkers/Green Fuels
Preston Turnbull is a leading legal specialist in international fuel supply issues.
Within the marine market, Preston Turnbull acts for clients across the supply chain including suppliers, traders, buyers/users (owners and charterers), liability insurers, credit insurers, banks and P&I/FD&D insurers. We also act for clients across the fuel supply chain in the aviation and land transportation market.
Advisory
Our clients instruct us in relation to the following:
Supply contracts (including terms and conditions)
Storage contracts
'Scrubber' contracts
Charterparty clauses
Regulatory advice
Coverage advice
Marine energy transition advice
Our recent experience includes:
Advising shipowners, charterers, bunker traders and suppliers in relation to 'future fuels' and the move towards zero carbon
Advising shipowners on the retrofitting of 'scrubbers' and the impact of IMO 2020
Drafting and negotiating charterparty scrubber fuel profit sharing clauses
Advising on the impact of recent amendments to Marpol on charterparty obligations
Advising on coverage issues for the secondary insurance market in relation to the handling of global credit insurance claims following the collapse of bunker traders
Drafting and negotiating supplier, trader and buyer terms and conditions and supply contracts
Advising a major supplier on the implementation of new LNG supply infrastructure
Disputes
Our clients instruct us in relation to the following:
Quantity disputes
Quality disputes
Non-payment disputes
Charterparty disputes
Delay and demurrage claims
Storage and supply disputes
Debt recovery
Coverage disputes
Environmental/pollution claims
Our recent experience includes:
The Columbus & The Vasco da Gama [2020] and [2021] - achieving a significant recovery for bunker suppliers for unpaid bunkers following the collapse of CMV/Global Cruises
Acting for buyers, traders and suppliers in relation to fuel quality disputes following the transition to low-sulphur fuel in 2021
Acting for an international fuel supplier in relation to a significant vessel casualty involving engine problems
Successfully acting for major fuel and lubricant suppliers and their credit insurers in the recovery of unpaid debts following the collapse of a major operator
Successfully acting for Bunker Suppliers in the recovery of unpaid debts following the collapse of a major trader
Obtaining an injunction on behalf of Owners, their P&I Club, and Charterers' Administrator, preventing a bank from making a payment under a guarantee given following a ship arrest
Acting for suppliers, traders, charterers and owners in numerous arbitrations involving issues relating to marine fuel
Industry Profile and thought leadership
Preston Turnbull regularly delivers legal education to the bunker market and contributes to thought leadership in the industry
Preston Turnbull is a member of IBIA
A member of our team was appointed as a member and legal advisor to the BIMCO sub-committee on the revision of the Bimco Bunker Terms
Preston Turnbull is actively involved in supporting its clients in the move to zero carbon