The Poseidon Principles launched on the 18 June 2019, with founding signatories including Citi, DNB, Societe Generale, ABN Amro, Amsterdam Trade Bank, Credit Agricole CIB, Danish Ship Finance, Danske Bank, DVB, ING and Nordea. Together they have a comb…
The Poseidon Princples: Will They Affect Me? Read More »
In Tritton Resources Pty Ltd v Ever Rock Navigation S.A. [2019] FCA 276, the Federal Court considered the application of the time bar under the Amended Hague Visby Rules and the entitlements of the consecutive owners of cargo under a bill of lading to …
Consecutive owners of cargo: who holds title and the right to sue? Read More »
Any vessel flying a non-Russian flag is not allowed to enter Russian territorial waters by default. The access is granted only to vessels under Russian flag with no restrictions. At the same time, many international companies are interested in particip…
Access of foreign-flagged vessels to Russia: cabotage permits Read More »
This blog post compares the uses of liquefied natural gas (LNG) as a marine fuel with other options for complying with the more stringent sulfur emission requirements of the International Maritime Organization (IMO) beginning in 2020 and then discusses…
LNG for 2020: IMO Sulfur Limits and the LNG Alternative Read More »
As from December 31, 2021, banks will no longer be compelled to provide LIBOR quotations. This means that the market’s most common method of setting interest rates will be discontinued. This change will have broad implications, affecting loan agreement…
LIBOR discontinuation: Is the shipping finance industry ready? Read More »