In order to proactively influence the future decarbonisation of the tanker industry, a different approach is required that encompasses expertise and analysis on issues effecting compliance, seafarers
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The FuelEU Maritime initiative represents a pivotal step in the European Union’s ongoing efforts to mitigate climate change, with the aim to reduce GHG emissions by at least 55% by 2030. This ar
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Political Instability and Decarbonization Challenges Redefine the Future of the Maritime Industry
The awaited ICS Barometer Report 2023-2024, identifies that the maritime i
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Lenders to shipping are increasingly considering climate performance when setting loan margins, a study has found. However, their focus remains on the corporate level rather than the asset leve
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In 2023, U.S. Coast Guard Marine Inspectors conducted 20,647 inspections on U.S. flagged vessels and identified 29,925 deficiencies. Thirty-eight of these inspections uncovered serious su
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The Poseidon Principles provide a framework for assessing and disclosing the climate alignment of ship finance portfolios. To further enhance environmental, social, and governance (ESG) standards in t
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Protecting against the unforeseeable and unavoidable
In a most recent case, RTI Ltd -v- MUR Shipping BV [2024] UKSC 18, the Supreme Court held that whilst a party seeking to rely on
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Global M&A activity continues to be shadowed with caution, with buyers being selective and focusing on strategic and cultural alignment to avoid buyer remorse. Sellers, meanwhile, are waiting for
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Lloyd’s Open Form is the most commonly used contract for international marine salvage. This important contract has recently been revised and re-published by Lloyd’s. In this podcast we are joined by A
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Recently added to the CML CMI database - AGCS Marine Insurance Co v M/V Imabari Logger, DC SDNY, 23 August 2024: Carriage of goods by sea, on-deck cargo, loss or damage, scope of application of Conven
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