Shipowners should be aware that where charterers redeliver late, their ability to claim substantial damages could be limited by the existence of any contractual obligations that prevent entry into further fixtures.
The deadline of 31 March 2025 for submitting verified maritime emissions reports under the Maritime EU Emissions Trading Scheme (“EU ETS”), which commenced last year, is fast approaching and most shipping companies will inadvertently find themselves to be non-compliant once the deadline hits.
This article examines the new Model Law on Warehouse Receipts developed by UNIDROIT, summarising its key objectives and commenting on its benefit for all commodity market participants.
Our multi-disciplinary practitioners will be speaking on the hot topics and trends in shipping and provide practical insight on navigating the challenges and opportunities in the industry for 2024 and beyond.
Join us for our ‘Sustainability Imperative’ Question Time Breakfast.
Watson Farley & Williams advised Nai Int. Ltd. on the purchase of eight vessels from Vassholmen Shipping Ltd.
The purpose of this White Paper is to provide general guidance to transaction participants and practitioners in their consideration of the application of the provisions of Section 15G of the Securities Exchange Act of 1934, as amended, as added by section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the federal interagency credit risk retention rules promulgated thereunder, codified at 17 C.F.R. Part 246, to a typical issuance of securities by a newly formed special purpose vehicle that owns or will own, among other things, a portfolio of marine containers and related leases which may be entered into directly or indirectly by way of one or more management agreements.
Watson Farley & Williams has advised Navigazione Montanari S.p.A. and Nai Int Ltd on the sale of the Vallermosa and Valtamed tankers.
On 5 December 2022, the long-awaited Russian oil price cap measures and related sanctions came into effect. This article highlights some of the challenges and risks that may be posed to the maritime industry in attempting to comply.
In a recent article for the German international maritime journal, HANSA, Partners Dr Christian Finnern and Dr F. Maximilian Boemke share their thoughts on the effects sanctions against Russia are having on the shipping industry.
In our breakfast talk, speakers from different areas of the shipping industry will provide you with their view on the upcoming changes and invite you to discuss on how to best prepare your business.
We review the decision in FIMBank plc v KCH Shipping Co Ltd where the Commercial Court has finally clarified that the Hague-Visby Rules one-year time bar does apply to misdelivery claims after discharge.
