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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

Talk to a specialist

Dolly Brown

Dolly Brown

Partner

James kennedy

James Kennedy

Partner

Andrew Preston

Andrew Preston

Partner

Fanos Theophani

Fanos Theophani

Partner

If you require assistance please contact us or request a call back.