This was a dispute relating to mergers and acquisitions (M&A) advisory work carried out in respect of the merger of two crude oil tanker operators. The Court dismissed the advisory company’s claim in restitution for more than US$11.5 million for se…
Shipping Joint Ventures Read More »
In a significant decision for marine insurers, the Court of Appeal has agreed with the Commercial Court that a pay first provision in a marine insurance policy was valid and effective. Consequently, the insurer of an insolvent assured could rely on thi…
Court of Appeal upholds pay first provision in marine insurance policy Read More »
News of China’s recent retaliatory tonnage charges on US-linked vessels has spread through the shipping market like wildfire, marking a significant step in the further escalation of ongoing trade tensions between the US and China. A previous article su…
Navigating China’s new tonnage tariffs on US-linked shipping Read More »
News of China’s recent retaliatory tonnage charges on US-linked vessels has spread through the shipping market like wildfire, marking a significant step in the further escalation of ongoing trade tensions between the US and China. A previous article su…
Navigating China’s new tonnage tariffs on US-linked shipping Read More »
In its Maritime Risk Barometer Report for 2024/2025, the International Chamber of Shipping (ICS) identified cyber attacks as one of the top four high level risks to maritime operations. The global shipping industry’s increasing reliance on digital infr…
Global maritime industry continues to address cyber risk Read More »