The UK Defence Club is the leading and most influential provider of legal costs insurance to the maritime industry. In uncertain times, we give shipowners and operators the confidence that, if a dispute arises, they will have support for legal and related costs as well as in managing any litigation that arises.
The value of comprehensive legal costs insurance cannot be underestimated.
The sad and unfortunate armed conflict in Ukraine will inevitably have a significant impact on shipping and trade, giving rise to contractual issues under charterparties and other commercial agreements. Our dedicated Ukraine Issues page contains FAQs, updates, and guidance regarding the developing situation.
On 16th May, 2023 the European Parliament approved amendments to the EU Emissions Trading Directive, bringing shipping within the scope of the EU Emissions Trading Scheme (“EU ETS”). As a result, from 1st January, 2024, ships of 5000GT and above which transport cargo or passengers for commercial purposes will be subject to the EU ETS.
The recent experiences of 2020 have brought bunker quality issues into the limelight. This publication seeks to give Members a comprehensive guide to dealing with these complex disputes.
The current state of the market has resulted in an increased focus on the sale and purchase of second-hand ships. These transactions can, however, be fraught with potential pitfalls for both buyer and seller alike.