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Article

The Generator Commissioning Clause14 January 2021

In the fifth of our nine-part series on the OFTO Regime, this article, we consider how the operation of the Generator Commissioning Clause affects the OFTO tender process, its unintended consequences and whether it is still fit for purpose.

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Article

European Commission gives IHM enforcement guidance4 November 2020

This article discusses new guidelines for the enforcement of obligations relating to the IHM requirement of the EU Ship Recycling Regulation for vessels operating in EU waters following concerns that the impact of Covid-19 will mean that many shipowners will not be able to comply by the 31 December 2020 deadline.

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Article

Indemnities for OFTO Assets18 May 2020

In a cautionary decision for parties involved in OFTO transactions, a High Court judgment confirms the importance of precise drafting within SPAs and other OFTO transaction documents to ensure that the parties’ intentions regarding risk allocation are reflected accurately.

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