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 »
The recent case of The “Mount Apo” and the “Hanjin Ras Laffan” [2019] SGHC 57 brings to mind difficulties that may sometimes be encountered in proving the factual and legal status of a bareboat or demise charterer. In this article, we explore proof of …
Starboard: Demise charters and the creation of a paper reality Read More »
As of January 2020, the International Maritime Organisation (IMO), in line with the International Convention for the Prevention of Pollution from Ships (MARPOL) will set new limits on the sulphur content in fuel oils on board vessels. Even though ships…
Air Pollution in Shipping: The Further Reduction of S02 Emissions 2020 Read More »