Emission trading systems (ETS) are “cap and trade” schemes that permit the emission of greenhouse gases in exchange for allowances. They are just one part of the ever-expanding web of environmental measures that are impacting the shipping industry with…
Emissions trading begins to bite Read More »
Imagine a container vessel capable of more-than doubling the amount of work normally performed by a ship of its size, yet with zero emissions. Such a vessel would likely gain massive market share very quickly and have a drastic effect on market dynamic…
Shipping’s nuclear option in the move towards net zero: Is it viable? Read More »
It is not particularly common for a dispute arising out of the 2012 version of the Norwegian Saleform (NSF 2012) to reach the English Court. Therefore, the Court’s findings in King Crude Carriers SA & others -v- Ridgebury November LLC & others …
Caution on amendments to standard forms Read More »
In a well-timed decision given the current situation in the Red Sea and Gulf of Aden, the UK Supreme Court recently handed down judgment in Herculito Maritime Ltd v Gunvor International BV [2024] UKSC 2, a decision that arose from seizure of a ship by …
Supreme Court guidance on war risk provisions in charterparties Read More »
In June 2023, rules for bringing the maritime sector into the EU’s Emissions Trading Scheme (the “EU ETS”) came into force. All Member States (except one) have failed to transpose this legislation by the December 2023 deadline, but the obligations on t…