In the recent decision in Lord Marine Co SA -v- Vimeksim SRB DOO (Lord Hassan) [2024] EWHC 3305 (Comm), which the court has described as a paradigm case in which a sale should be ordered, the court has further considered its powers in support of arbitr…
Re-examining the right to force a cargo sale Read More »
Maritime trade constitutes a major part of the global economy as one of the important trade routes. Considering all commercial transport activities, the fact that approximately 85% of them are carried out by maritime routes emphasizes the importance of…
The Impact Of Russia And Ukraine War On Maritime Trade Read More »
According to the World Economic Forum, with around 90% of all trade being ocean-based, close to 3% of the world’s greenhouse gas footprint comes from seagoing vessels. The shipping industry is determined to accelerate its efforts to meet the Global Mar…
Green methanol shortages are diverting newbuilds back to LNG Read More »
The new rules form part of the EU’s persistent drive to reduce GHG emissions within the European airspace and they will introduce a new set of obligations and compliance requirements for the shipping sector. From a practical perspective, the key concer…
FuelEU Maritime: Vessels, emissions and scope Read More »
As the global shipping industry sails further into a new era of environmental responsibility, ship recycling has emerged as one of its most critical challenges to date. Currently the global fleet is ageing rapidly, with approximately 30 per cent of ves…
Legal risks and green opportunities in ship recycling Read More »