43 results:

USTR publishes Notice imposing fees on US port calls for certain non-US built ships

USTR publishes Notice imposing fees on US port calls for certain non-US built ships

…S port at a rate of $50 per net ton. The rate will then increase  on an annual basis beginning in April, 2026 and plateauing at $140 per net ton in April, 2028. Notably “owner” and “operator” are defined by…

The Lila Lisbon: Supreme Court Confirms Industry Practice on Damages Under SALEFORM 2012

The Lila Lisbon: Supreme Court Confirms Industry Practice on Damages Under SALEFORM 2012

… a repudiatory breach. In Great Asia Maritime Ltd v Orion Shipping and Trading LLC (The Lila Lisbon) [2026] UKSC 23, the Supreme Court unanimously dismissed the seller’s appeal. The practical message is…

February, 2025 - EU introduces 16th package of sanctions against Russia; and UK announces ‘largest sanctions package against Russia since 2022’

February, 2025 - EU introduces 16th package of sanctions against Russia; and UK announces ‘largest sanctions package against Russia since 2022’

… introduced, allowing for 275,000 tons of aluminium (i.e. 80% of EU imports in 2024). By the end of 2026, no Russian aluminium can be imported into the EU. Dual-use export restrictions have also been extended…

THE SEBAT: Commercial Court Clarifies Commencement of Laytime Following Invalid NOR

THE SEBAT: Commercial Court Clarifies Commencement of Laytime Following Invalid NOR

…In the recent decision of Trans Trade RK SA v Sebat Shipping and Trading Company [2026] EWHC 950 (Comm) (“The Sebat”), the Commercial Court considered, in the context of an appeal of an arbitration award, the question…

Sanctions against Russia: UK, US and EU introduce further sanctions targeting the Russian energy sector

Sanctions against Russia: UK, US and EU introduce further sanctions targeting the Russian energy sector

… (i.e. those exceeding 1 year and concluded before 17th June, 2025); and b) from 25th April, 2026, for short-term contracts. Expanding the transaction ban on Rosneft and Gazprom Neft; unlike the UK and…

September, 2021 - “Fit for 55”: the EU Emissions Trading Scheme and promotion of greener fuels

September, 2021 - “Fit for 55”: the EU Emissions Trading Scheme and promotion of greener fuels

… (in 2023) only be required to cover 20% of a ship’s emissions, increasing annually to 100% by 2026. Penalties: these have been increased under the new proposal.  It is currently anticipated that…

Shipbuilding: Commercial Court considers Refund Guarantees, Conditions and Innominate Terms

Shipbuilding: Commercial Court considers Refund Guarantees, Conditions and Innominate Terms

…The Commercial Court has confirmed in the recent judgment of SLB & Others v PAK & Others [2026] EWHC 449 (Comm) that a shipyard’s obligation to provide refund guarantees by a specified time — even where those…

Court of Appeal decision in The Skyros and Agios Minas: A yardstick on the assessment of damages for late redelivery?

Court of Appeal decision in The Skyros and Agios Minas: A yardstick on the assessment of damages for late redelivery?

… of recovery, outflanking the basic compensatory principle…” into the law of damages. On 23rd February, 2026, the Charterer was granted permission to appeal to the Supreme Court. The issue to be considered is…

UK_Defence_Club_Insurance_Limited.pdf

UK_Defence_Club_Insurance_Limited.pdf

…Rules 2026 UK Defence Club Insurance Limited Rules 2026 The Rules of UK Defence Club Insurance Limited (Effective from 12 noon GMT on 20th February, 2026) Managers Thomas Miller Cyprus Insurance Agency Ltd, 2…

UKDE_Rule_Book_2026.pdf

UKDE_Rule_Book_2026.pdf

…Rules 2026 The United Kingdom Freight Demurrage and Defence Insurance (Europe) Limited Rules 2026 The Rules of the United Kingdom Freight Demurrage and Defence Insurance (Europe) Limited (Effective from 12 noon GMT…