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Considerations when Buying or Selling a Ship

Considerations when Buying or Selling a Ship

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…

July, 2022 - Scrap that delivery: THE SHAGANG GIANT

July, 2022 - Scrap that delivery: THE SHAGANG GIANT

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…

August, 2022 - Update on EU Sanctions against Russia

August, 2022 - Update on EU Sanctions against Russia

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…

August, 2022 - First ships depart Ukraine ports

August, 2022 - First ships depart Ukraine ports

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…

September, 2022 - Update on UK sanctions against Russia

September, 2022 - Update on UK sanctions against Russia

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…

The passing of Queen Elizabeth II

The passing of Queen Elizabeth II

The Directors and Managers of the UK Defence Club are deeply saddened by the passing of Queen Elizabeth II. Our appreciation for her service over her eight decade reign is impossible to convey. We…

September, 2022 - EU updates FAQs and clarifies position on carriage of Russian coal, fertilisers and other goods

September, 2022 - EU updates FAQs and clarifies position on carriage of Russian coal, fertilisers and other goods

As advised in our previous update, on 10th August, 2022, the EU published updated FAQs (the “August FAQs”) clarifying the application of provisions (more particularly Article 3i and 3j of Council…

October, 2022 -UK Defence Club appoints Paul Herring in new role of Legal Director

October, 2022 -UK Defence Club appoints Paul Herring in new role of Legal Director

The UK Defence Club has announced that it is appointing Paul Herring to the newly created position of Legal Director as of 20th September, 2022.   In this role, Paul will focus on growing the…

October, 2022 - The effect of Covid-19 on ship sale and purchase contracts

October, 2022 - The effect of Covid-19 on ship sale and purchase contracts

Although there has been a welter of material generated in relation to the effects of Covid on a variety of shipping contracts, very little if anything has been said about its effects on the sale and…

October, 2022 - EU imposes eighth package of sanctions on Russia

October, 2022 - EU imposes eighth package of sanctions on Russia

On 6th October, 2022 the EU adopted an eighth package of sanctions against Russia. The relevant legislation can be found here.  In particular, Council Regulation (EU) 2022/1904 (“the…