DryShips Inc. (the “Company”) (NASDAQ: DRYS) announced that it had entered into an Agreement and Plan of Merger (the “Merger Agreement”) with SPII Holdings Inc. (“SPII”), a company controlled by the Company’s Chairman and Chief Executive Officer, Georg…
Liaoning High Court recently issued a judgment ending a six-year legal battle over a consignment of iron ore stored in Dalian Port. The judgment addressed a tricky issue: where the warehouse receipt holder is different from the bill of lading holder, a…
China: Cargo Delivery By Port Authority – Dilemma Resolved Read More »
Using liquefied natural gas (LNG) rather than fuel oil is one of a range of options available to owners seeking to comply with the International Maritime Organisation’s 2020 regulations (IMO 2020). Given that shipbrokers have long predicted the e…
The bunker balance – owners consider liquefied natural gas in advance of 2020 Read More »
In January 2019, the Kingdom of Saudi Arabia (the Kingdom) introduced, for the first time, a bespoke Commercial Maritime Law issued pursuant to Royal Decree no. M/33 dated 5 Rabi’ II 1440H and published it in the Official Gazette on Friday, 4 January 2…
What do Saudi Arabia’s moves in maritime law mean? Read More »
De-harmonisation Initially, the IMO aligned the date for compliance with the BWMS requirements set out in Regulation D-2 with the renewal of the International Oil Pollution Prevention (the IOPP) certification. To extend the compliance deadline up to 20…
Ballast Water Management Systems: Time-Line For Compliance Read More »