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Our Experience

Client: RSL

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Posted in: Commercial, Contracts, Our Experience
Date published: 06/07/2023

Our client (top 3 logistics company in Poland with subsidiaries across CEE) entered into a maritime shipping contract with Maersk as the counterparty, with the value of the contract being circa $6m for a 6-month duration. Post our client entering into the contract, we advised our client as to its rights and obligations under the contract together with providing comprehensive advice on its exit options/strategy and risks associated with this, together with commercial (looking at the market generally) viability of both, the contract and its termination.

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