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Where the term Charter-party comes from?

For hundreds of years, written contracts covering the leasing of a ship have been known as “charter parties.” The term “charter party” derives from the Medieval Latin phrase “carta partita,” meaning “divided document.” To ensure the authenticity of a document, it was customary to execute the contract two times on the same piece of paper and then to tear it into ...
Category: Did you know

ECSA looks forward to fruitful EU-US trade negotiations

EU and US negotiators are meeting in the context of the sixth Trans-Atlantic Trade and Investment Partnership (TTIP) negotiations round. Negotiators from both sides are debating an ambitious agenda that should, in the event of an agreement, not only remove trade barriers in a wide range of economic sectors, but also tackle non-customs related trade barriers, such as differences in technical ...
Category: News

Extension of the sanctions relief between the P5+1 and the Islamic Republic of Iran

On July 19, 2014, the P5+1 (the United States, United Kingdom, Germany, France, Russia, and China, coordinated by EU High Representative Catherine Ashton) and Iran affirmed that they will continue to implement the commitments described in the Joint Plan of Action (JPOA) and the U.S. government has extended through November 24, 2014, the sanctions relief provided for in the JPOA. ...
Category: News

National Iranian Tanker Company wins its EU case

NITC was listed in 2012 on the following grounds: “effectively controlled by the Iranian Government. Provides financial support to the Government of Iran through its shareholders which maintain ties with the Government”. The Court held that the Council had committed a “manifest error” in its assessment that NITC should be listed, because the Council had no evidence to support ...
Category: News

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