On 21 December 2018 we commented on the newly released BIMCO clauses intended to address the International Maritime Organization’s revised sulphur content limits with regard to the consumption and carriage of marine fuel (in accordance with Regulation 14 of Annex
Ship Law Log
Comment and analysis by Reed Smith lawyers on the latest developments in the shipping industry
Ship Law Log, published by Reed Smith LLP, focuses on legal issues related to maritime and shipping law. The blog covers topics such as ship finance, including sale-and-leaseback arrangements and lending structures, regulatory developments affecting port fees and tariffs, ownership and control implications for vessels, charterparty disputes and interpretations, compliance with international trade measures, and operational risks in shipping. It also addresses the impact of geopolitical actions on maritime commerce, legal challenges in ship repossession, and the allocation of costs and liabilities in shipping contracts. The blog provides analysis relevant to shipowners, charterers, financiers, and legal practitioners involved in maritime transport and shipping finance.
Latest from Ship Law Log - Page 14
The crossing rule and narrow channels – Court of Appeal hands down judgment in the Alexandra 1
On 5 October 2018, the English Court of Appeal confirmed the High Court decision in National Challenge Ltd. v. Evergreen Marine (UK) Ltd [2017] EWHC 453 (Admlty) that the crossing rule does not apply where one vessel is approaching a…
Significant amendments in the pipeline to Singapore’s Merchant Shipping Act
The Merchant Shipping (Miscellaneous Amendments) Bill was read in the Singapore Parliament for the first time on 19 November 2018.
The Bill proposes to make a number of significant amendments to Singapore’s merchant shipping legislation. These include:
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The 2020 Global Sulphur Cap: Whitepaper
By Ron Clark
On 1 January 2020 amendments to the International Maritime Organization’s (IMO’s) International Convention for the Prevention of Pollution from Ships (MARPOL) enters into force.
Read our Shipping Group’s latest whitepaper, by Ron Clark, on the 2020 Global Sulphur Cap at reedsmith.com…
ICA Incorporation Clauses: An update
By Jeb Clulow & Catriona Casha
Readers will recall from Reed Smith’s recent blog that concerns have been raised regarding common Inter-Club Agreement (ICA) incorporation clauses.
A London Tribunal, in a recent arbitral award in which Reed Smith acted, held in favour of Reed Smith’s client…
IRAN SANCTIONS – UPDATE
On 8 May 2018, President Trump announced that the United States would withdraw from the Joint Comprehensive Plan of Action (JCPOA). In conjunction with that announcement, the President issued a National Security Presidential Memorandum (NSPM) directing the re-imposition of certain…
The English High Court provides much needed guidance on the effectiveness of sanction exclusion language, following the USA’s withdrawal from the JCPOA
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ICA Incorporation Clauses
By Jeb Clulow & Catriona Casha
Last week, the International Group of P & I Clubs published a recommended Inter-Club Agreement (ICA) incorporation clause.
It is commonplace for charterparties to incorporate the ICA as a contract term. For decades, ICA incorporation clauses have been considered relatively uncontroversial. However,…
Singapore courts and PRC courts sign memorandum of guidance on the recognition and enforcement of money judgments in commercial cases
On 31 August 2018, the Supreme Court of Singapore and the Supreme People’s Court of the People’s Republic of China (PRC) signed a memorandum of guidance (MOG) on the recognition and enforcement of money judgments in commercial cases.…
Cyber Risk in Shipping
The following guest blog was written by William Egerton LVO, Cyber Advisor, Charles Taylor
The amount of concern articulated about new technology in the recent survey conducted by Reed Smith is both welcome and revealing. It is a healthy sign…