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 »
In an important decision, which will be of interest across the maritime sector, the English High Court has clarified the scope of a typical time charterparty capture/seizure/arrest clause in the context of ship piracy, and of a specific rider clause ad…
Pirate Ship Hijackings – Who Pays for the Delay? Read More »
There are many legal issues that operators should be aware of when deciding to supply bunkers in Argentina, not to mention operational issues regarding: – the lack of barges available; – delays due to weather; and – congestion during …
Bunker supply and VAT Read More »