Maritime Disputes Newsletter – Issue 130 October 2019
Welcome to our maritime disputes newsletter – a new publication designed to help you get to grips with the latest developments in English maritime law.
Welcome to our maritime disputes newsletter – a new publication designed to help you get to grips with the latest developments in English maritime law.
On October 17 2019, the Marshall Islands Registrar of Corporations published Guidance and Frequently Asked Questions interpreting the Marshall Islands economic substance regulations.
On October 14, 2019, President Trump issued an Executive Order imposing sanctions on certain Turkish governmental officials and ministries in response to Turkey’s military offensive in Syria.
On October 10, 2019, the Marshall Islands was removed from the European Union’s blacklist of non-cooperative jurisdictions for tax purposes.
Dinos Konstantinos will work closely with our New York colleagues, Partners John Benson and Steve Hollander, who practise Marshall Islands law to provide advice of the highest quality to our clients.
Corin Ricketts’s practice focusses on disputes in the shipping, trade and commodities, energy and offshore oil and gas sectors.
The partnership intends to expand its chemical tanker pools as well as initiate and grow independent pools in other classes of ships.
The deal partially refinances the acquisition of the two largest container vessels in the world: the MSC Gülsün and the MSC Samar.
We advised OMP, a leading maritime and offshore energy institutional investor, on its acquisition of US$35m of Series G Redeemable Convertible Perpetual Preferred Shares of Tsakos Energy Navigation.
COSCO Tanker and COSCO Shipping Tanker (Dalian) Seaman and Ship Management Co., as well as four other Chinese companies, have been placed on the list of “Specially Designated Nationals and Blocked Persons by the US Office of Foreign Assets Control. This article looks into the effects of these sanctions.
The scrapping and recycling of vessels and the IMO 2020 Sulphur Cap are “Green Shipping” topics of utmost importance for the maritime industry. Our Maritime Breakfast on Green Shipping on 29 October will examine these important issues.
Our Partner Toby Royal was recently interviewed in an article by Seatrade on the topic of the Poseidon Principles. Toby was a member of the team which provided legal oversight and drafting input for the Principles.