China’s imposition of new “Special Port Service Fees” on U.S.-linked vessels is more than trade retaliation — it’s a further stress test for ship finance structures. Philip Rymer and Roberto Peroni explore how the measures could reshape sale-and-leaseback, lending, and
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Reed Smith to host Virtual Life Sciences CLE Week Nov. 3 through Nov. 7
For anyone working in the health and life sciences industries and looking to complete a few final CLE hours before the end of 2025, Reed Smith will be hosting its annual Virtual Life Sciences CLE Week, taking place from November…
Chinese special port charges on U.S.-linked vessels
As a follow up to our initial post after the initial announcement on Friday 10 October 2025, we have further considered the new Implementation Measures (defined below) introduced by the Chinese government.…
UK Sanctions – Rosneft, Lukoil and others
In continuation of the UK’s sanctions restrictions against Russia, on 15 October 2025, the UK imposed further sanctions on various entities and vessels.
The headline designations include:
- PJSC Rosneft Oil Company
- Nayara Energy Limited (which was already subject to EU
…
China introduces Special Port Service Fee on U.S.‑linked vessels
China’s Ministry of Transport will impose a new “Special Port Service Fee” on U.S. linked vessels from 14 October 2025, aligning with U.S. Section 301 measures taking effect the same day. In its announcement, the Chinese Ministry of Transport criticises…
Near, far, wherever you are – Key Court of Appeal ruling on BIMCO Barecon 2001
By Giyan Tang
The Court of Appeal recently considered the proper interpretation of Clause 29 of the BIMCO Barecon 2001 in the case Songa Product and Chemical Tankers III AS v Kairos Shipping II LLC [2025] EWCA Civ 1227.…
China Targets U.S.-Linked Vessels with New Port Fees
Co-authored by Sofia Ntali and Shivana Agarwal.
China’s Ministry of Transport announced today that a “Special Port Service Fee” will be imposed on U.S. linked vessels from Tuesday 14 October 2025.
The new Chinese special port fees are said to…
California’s New Restrictions on Private Equity in Health Care: What Health Providers and Investors Need to Know
By Paul W. Pitts & Smita Patil
On October 6, 2025, Governor Newsom signed into law Senate Bill 351 (SB 351), introducing new restrictions on private equity and hedge fund involvement in physician and dental practices across California. Effective January 1, 2026, this law directly targets non-clinical…
What are the three key points you need to know about the European Commission’s proposal on steel?
On 7 October 2025, the European Commission presented a proposal for a new regulation to introduce rigorous trade measures on steel entering the EU market. The proposal is subject to the ordinary legislative procedure, under which the European Parliament and…
Navigating international trade: why developing a global customs valuation policy is a must for luxury brands
The distinctive features that set a luxury brand’s products apart aren’t created only on the factory floor. For example, a company’s sketches from Paris, R&D in Milan, and artisanal prototypes perfected in Tokyo all flow into the production line. These…