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the charterer newsletter - Charterers P&I Club

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continued from page 2things work for very long, laughs at life’sinconveniences, and only reads about “roadrage”, is holding on to something lost long agoin more developed places, something trulyworthwhile to pass on to <strong>the</strong> children. There is<strong>the</strong> common ground of <strong>the</strong> Caribbean.So, to paraphrase Mr. Spock of Star Trek fame,<strong>the</strong> message from <strong>the</strong> many peoples of <strong>the</strong>Caribbean is: “Live slow and prosper”. Icontinue to struggle with <strong>the</strong> concept, butperhaps after ano<strong>the</strong>r twelve years I will haveit mastered.SPEED IS THE KEY TO GOOD SETTLEMENTSIN NORTH AFRICABy Shtewi Legal and Pandi Services – Tripoli, LibyaLibya has undergone <strong>the</strong> biggest politicalchange since <strong>the</strong> revolution in 1969. The LibyanGovernment, as a result of a concerted effortto re-establish links with <strong>the</strong> Western powers,is now enjoying an unprecedented interest in<strong>the</strong>ir country and its resources. Several largecorporations including Shell Transport andTrading and Texaco Oil have opened offices inTripoli and have negotiated contracts with <strong>the</strong>local oil companies to redevelop <strong>the</strong>ir oilfields.Also, fur<strong>the</strong>r offshore drill test sites are beingestablished .This upsurge in interest plus <strong>the</strong>unprecedented oil price has resulted in abooming economy with <strong>the</strong> Governmentannouncing several major projects relating toinfrastructure and communications. In addition,<strong>the</strong>re are plans to build a completely newFreeport outside Tripoli and to establish aHong Kong style International commercialbase including several new hotels toaccommodate <strong>the</strong> upsurge in visitors.This change has resulted in a substantialincrease in International trade as well as anincreased demand for technical equipment andbuilding materials for oil exploration bothashore and offshore and for <strong>the</strong> purpose ofupdating existing oilfields.Unfortunately, this increase in Internationalawareness has not extended to <strong>the</strong> judiciarywhich often gives decisions contrary to <strong>the</strong>existing law. Despite <strong>the</strong> fact that Libya hasratified <strong>the</strong> Hague Rules, rarely will shipowners and <strong>charterer</strong>s be given <strong>the</strong> benefit of<strong>the</strong> exceptions contained within those rules. Inaddition, in cases involving cargo, judges tend tofind in favour of <strong>the</strong> importer, usually agovernment body. In <strong>the</strong>se circumstances it isessential to maintain a pragmatic view whenhandling claims and an early settlement, evenbefore <strong>the</strong> vessel has departed, very oftenproduces <strong>the</strong> least expensive result.Face to face negotiation is still <strong>the</strong> way businessis done in North Africa and maintenance oftrust is essential. The correspondent’s biggestweapon is to be able to tempt claimants withan immediate settlement which, although itmay be less than <strong>the</strong>y would probably receivein <strong>the</strong> long run, is more attractive thanprotracted arguing and court action.Defendants, when dealing with <strong>the</strong> localcorrespondent, must give clear instructionsand be prepared to act quickly when asettlement is agreed.Any deviation or delay will not only jeopardisechances of a satisfactory settlement but canseriously compromise <strong>the</strong> correspondent’sstanding and his position in future cases. Itshould be remembered that most things oftenmove slowly in <strong>the</strong> MAGHREB, except wheremoney is at stake.3

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