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The Club is receiving an increasing number of claims relating to recent bunker deliveries in Singapore where the quality of some bunker fuel has been questioned.  Although initial testing may…

On 8th April, 2022 the EU implemented a fifth package of sanctions on Russia by way of Council Decision (CFSP) 2022/578, Council Regulation 2022/576,and Council Regulation…

The UK has recently imposed further sanctions on Russia, publishing the Russia (Sanctions) (EU Exit) (Amendment) (No. 7) Regulations 2022 on 30th March, 2022, and the Russia (Sanctions) (EU Exit)…

Following a drafting and consultation process of more than two years, BIMCO has launched its first ship sale and purchase agreement standard form known as SHIPSALE 22.  BIMCO state that the…

On 3rd June, 2022, the EU decided to adopt a sixth package of sanctions against Russia and Belarus. The relevant legislation implementing this latest package of sanctions can be found here. Of…

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…

Contracts for the sale or hire of a ship will almost always specify a place of delivery which the ship has to reach before she can be sold or go on-hire. But what if circumstances change so that it…

The purpose of this update is to provide Members with a summary of recent developments with regard to EU sanctions. Expiry of Wind Down Period for certain cargoes including coal and fertilisers As…

The outbreak of war in Ukraine on 24th February, 2022, and the subsequent closure of Ukraine’s Black Sea ports, caused great disruption to Ukrainian grain trade. Not only were ships unable to call at…

The Russia (Sanctions)(EU Exit)(Amendment)(No.14) Regulations 2022 (“the Regulations”) came into force on 21st July, 2022, introducing further amendments to The Russia (Sanctions)(Exit) Regulations…