International conventions and local regulations combine to create a complex legal regime, which is often overlooked. The sale of a ship or rig to an intermediate buyer, which then sells the asset on to a shipbreaking facility, will not necessarily insu…
Ship and rig recycling: frequently asked questions Read More »
Parts 1 and 2 of the series explored the scope of Regulation 14.1.3, provided an analysis of the contractual, penal and coverage risks which face owners and charterers, and explored the challenges to compliance and enforcement faced by different partie…
Options available to shipping companies and associated funding Read More »
Ship owners, ship operators and ship managers who are busy preparing for the upcoming high sulphur fuel oil (“HSFO”) ban which enters into force on 1 January 2020 will be familiar with the option to install Exhaust Gas Cleaning Systems (EGCSs) otherwis…
After several successful trials over the last year, Israel’s largest cargo shipping company, Zim, has implemented a blockchain platform for electronic bills of lading. According to Zim, this technology could replace paper bills of lading and further im…
The Shipping Industry Receives a Boost from Blockchain Read More »
In a survey conducted by global law firm Reed Smith in 2018, industry participants were asked: What is the greatest challenge facing the shipping industry in the next five years? The findings have been published on www.reedsmith.com in a report titled …