Insights

The Singapore Court of Appeal recently confirmed that liens over sub-freights are to be regarded as registrable charges under Singapore’s Companies Act. This means that failure to register a lien means it will be void against the liquidator and any creditor of the company which granted the lien.

This article highlights some of the charterparty difficulties and implications for Members arising out of the recent announcement regarding “snap back” of US extra-territorial sanctions on Iran.

“美国将在 90 天（截至 2018 年 8 月 6 日）或 180天（截至 2018 年 11 月 4 日）的缓冲期后，对在伊朗 进行特定活动的非美国公司，重启此前在伊核协议豁免下的二级制裁。” -美国财政部海外资产控制办公室 （OFAC）

The forthcoming changes to the rules governing sulphur emissions contained in MARPOL Annex VI present technical, commercial and contractual challenges to shipowners.

A recent LMAA Small Claims Arbitration reference offers useful guidance on the question of what “free of salt” means when used in a cargo hold description. The case was brought by a Member entered in the Association.