On 27 March 2025, the yacht “Stefania” was sold at a public auction in France for 10 million euros. This sale was a result of the shipowners’ conviction for money laundering. The auction highlights the effectiveness of seizing and selling
The recent case of Bunge S.A. v. Pan Ocean Co., Ltd. [2025] EWHC 193 (the “Sagar Ratan”) sheds helpful light on the interpretation of the BIMCO Infectious or Contagious Diseases Clause for Time Charter Parties 2015 (“BIMCO Clause”) and in
This article was originally published on Lloyd’s Maritime and Commercial Law Quarterly and is republished with permission.
In this bulletin, we once again draw on our annual reports on French shipping law published by Andrew Tetley and Antoine Guillemot in
Hapag-Lloyd AG v. Skyros Maritime Corporation and Agios Minas Shipping Company [2024] EWHC 3139 (Comm)
In a significant new case, the UK Commercial Court assessed damages following late redelivery of two vessels under time charterparties where, pursuant to the terms
This case illustrates the complex relationship that can exist between proceedings brought against two different sea carriers arising out of the same event. French Courts addressed the following question: how can judgments issued in one of the proceedings be used
This article was originally published on Lloyd’s Maritime and Commercial Law Quarterly and is republished with permission.In the latest of our series, which is annually published in the Lloyds Maritime and Commercial Law Quarterly Yearbook, Andrew Tetley and Antoine Guillemot
Trading companies that seek to insulate their shipping risk by allocating their chartering activities to a separate entity will be reassured by a recent judgment of the English Court, in which it was decided that a letter of indemnity was
Despite living in an age of instantaneous correspondence and fast contractual negotiations, parties may still assume that promises as important as parent company guarantees, require detailed written documents, wet-ink, or e-signature signatures in order to be enforceable. The English Courts
The U.S. and the UK moved quickly to prohibit the import of Russian LNG into their territories, but did not pass sanctions against the transportation of Russian LNG to other territories. Similarly, while the U.S. placed asset freeze sanctions on
This article provides an overview of the legal issues related to the maritime recovery of reusable rockets, which is an emerging practice in the commercial space industry. It summarizes the current state of the space economy, the sources of space
