In May 2020, OFAC, the US State Department and US Coast Guard issued a joint Sanctions Advisory for the Maritime Industry.
With our bench strength, experience and international presence, we are strongly placed to advise on every aspect of commercial shipping across all maritime classes.
Our highly experienced team provides commercial and regulatory advice for stakeholders in all maritime classes including tankers, bulk-carriers, gas carriers (LNG, LPG), offshore units, supply and support vessels as well as specialised areas such as ferries, cruise ships and seismic surveying.
With a reputation for a commercially aware, practical approach, our lawyers cover the whole gamut of commercial shipping requirements including newbuilding contracts, sale & purchase contracts, chartering, supply, service and installation and regulatory and sanctions advice (from IMO compliance issues to recycling and establishment of NGOs).
We are recognised industry leaders in current complex issues such as sanctions, scrubbers (purchase, sale, installation and financing) and other bespoke contractual arrangements.
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The Marshall Islands has adopted a regulation permitting shareholders to participate remotely in annual shareholder meetings.
In this article we consider the English Court of Appeal's decision in Lakatamia Shipping Company Limited v Morimoto on applications for freezing orders and demonstrating a risk of dissipation.