As of April 2023, ship collision cases now require electronic track data (“ETD”) to be provided in court by one, not both parties, as technology advances in this area.
Ship Law Log
Comment and analysis by Reed Smith lawyers on the latest developments in the shipping industry
Latest from Ship Law Log - Page 2
New Code of Private Maritime Law – Maritime law in the 21st century
This article was first published in Naftemporiki.
The New Code of Private Maritime Law enacted by Law 5020/2023 (the “New Code”), which came into force on 1 May 2023 (with the exception of Articles 4 to 9 concerning the…
The answer is investing in the wind – Joint ventures in offshore wind
The world economy is shifting towards clean renewable energy sources, particularly offshore wind projects. This presents a significant investment opportunity for those interested in associated shipping assets. Here are some important reasons to consider joint ventures and investments in this…
The reform of the UK Tonnage Tax regime and its implications
The UK government has published the “Tonnage Tax (Further Opportunity for Election) Order 2023” which will implement three significant changes and will come into force on 1 June 2023.…
The Eternal Bliss – Court of Appeal has the final say
The question of whether demurrage liquidates all or just some of the damages arising from a charterer’s breach in failing to complete cargo operations within the laytime will no longer be decided by the UK Supreme Court following a commercial…
Transparency in shipping supply chains
Supply chain transparency is an essential process where companies investigate their own supply chains to ensure compliance with internal company procedures and relevant laws.…
How the new “BBNJ” or “high seas” treaty may soon result in new obligations for the private sector
BBNJ President Rena Lee proposed yesterday that the Intergovernmental Conference reconvene on June 19, 2023 to adopt the BBNJ treaty. When and how can the treaty then create binding obligations for private companies operating in the high seas?…
Hong Kong team takes novel LLMC case to Court of Final Appeal
Introduction
In Perusahaan Perseroan (Persero) Pt Pertamina v Trevaskis Ltd and Others [2023] HKCFA 5, the Appeal Committee of the Court of Final Appeal (“CFA”), upon hearing submissions from both parties on 16 February 2023, granted leave to Perusahaan Perseroan…
New United Nations treaty on Biodiversity Beyond National Jurisdiction (BBNJ)
The BBNJ agreement, or ‘High Seas Treaty,’ was reached by delegates of the Intergovernmental Conference and is the culmination of talks that have spanned two decades. This historic milestone was met with tears and a standing ovation from delegates.…
To have and to (with)hold – Fastfreight Pte Ltd v Bulk Trident Shipping Ltd [2023] EWHC 105 (Comm) The “Anna Dorothea”
Can Charterers withhold hire without Owners’ consent, even if the vessel was off hire on the hire due date and where they had agreed deductions from hire would not be allowed without Owners’ written agreement?
Key facts
Under a charterparty…