Under a shipbuilding contract, the focus of the parties involved has always been on the way the funds are raised and also on ensuring the safety of the paid-in funds. Statistics from the China Association of the National Shipbuilding Industry show that…
Shipowners’ skilful use of contract terms to guard funds Read More »
This case was dealt with on an expedited basis because its resolution depended upon the effect of the US sanctions re-imposed on 4 November 2018, which the parties agreed would certainly prevent payment of the Claimant’s claim. Speed-read The cas…
Guidance on drafting and interpreting contractual sanctions clauses Read More »
In 1997, the International Maritime Organisation (“IMO”) adopted Annex VI to the International Convention for Prevention of Pollution from Ships (“MARPOL Convention”) in order to tackle the air pollution caused by shipping. On 1 July 2010, a revised An…
The 2020 Global Sulphur cap Read More »
The push for the international shipping industry to reduce its role in global air emissions has resulted in new environmental rules and regulation being introduced at an accelerated pace. The industry needs to take action in order to ensure compliance…
New emission regulations in shipping Read More »
The International Maritime Organization (IMO) adopted regulations in 2008 that have been incorporated into Annex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL Convention). The IMO regulations contained in Annex V…
IMO — 2020 Restrictions Will Sharply Reduce Sulfur Emissions From All Ships Read More »