Reasonably secure or allowed to arrest?
In this article we discuss the UK Court of Appeal’s recent decision on the construction of the Admiralty Solicitors Group standard collision jurisdiction wording (“ASG2”).
Responding to the cyclical nature of the global maritime sector requires a deep understanding of trade patterns and investment priorities. For 35 years, our long-established and highly regarded team has helped clients confidently address the ups and downs of the shipping industry. As an industry leader (ranked Band 1 by Chambers & Partners for shipping in 11 jurisdictions including Asia-wide and Global), we continue to lead some of the most complex, cross border and high value maritime matters in the world.
We provide a full range of legal services to the maritime industry, advising our clients on finance, corporate matters, tax, regulatory affairs, employment issues, restructuring and dispute resolution. Areas of special expertise include maritime infrastructure, commercial shipping, container shipping and logistics, cruise, commercial contracts, disputes and regulatory, loan portfolios and restructuring.
Our unrivalled understanding of the shipping industry, and reputation for international financial expertise and commercial approach, attract clients from across the sector, including major shipowners, charterers, ship managers, P&I and FD&D insurers, investors, banks and other financiers with substantial shipping portfolios. With all our clients, we aim to build long-standing relationships and provide pragmatic, definitive advice.
Sustainability concerns have rocketed up the shipping agenda over the past decade, with environmental, social and corporate governance (ESG) issues already influencing financing decisions, fleet renewal and regulatory change across the industry.
Drawing on a series of in-depth interviews and a global survey of 545 senior industry leaders, our report “The Sustainability Imperative” examines the shipping world’s views on sustainability and governance and what actions it is taking as result. It also asks how these issues might affect the way the shipping sector finances itself and even the very structure of the industry.
Click here to read the full report
In this article we discuss the UK Court of Appeal’s recent decision on the construction of the Admiralty Solicitors Group standard collision jurisdiction wording (“ASG2”).
The amendments aimed at incorporating sustainability linked provisions into the facility, highlighting the conscious effort of all parties involved to support and recognise the importance of ESG in maritime facilities.
In Commercial Disputes Weekly we look at the first decision on what is a “construction contract” since adjudication was introduced in 1998, in which Watson Farley & Williams acted for the successful appellant before the Court of Appeal.
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