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Listen to the podcast Recognising the rise in extreme events in recent years, BIMCO has issued a model clause with the aim of addressing unexpected or ‘force majeure’ events that affect the…

Early Neutral Evaluation (ENE) is an increasingly popular form of alternative dispute resolution which is now being offered by the LMAA. We highlight further details about ENE and the LMAA’s ENE…

The PRC Supreme Court recently issued important guidance in respect of the rights of the carrier when enforcing liens on cargo. This is pursuant to the Memorandum on Trials for Foreign-related…

The Law of Ukraine on Sanctions No. 1644-VII has been in force in Ukraine since 2014 and provides for a non-exhaustive list of 24 possible sanction types including, but not limited, to: *…

Since the outbreak of war in Ukraine, the US has imposed further sanctions on Russian banks, financial institutions, entities and individuals.  The situation is very fluid with the sanctions…

An imperfect world Ideally, contracts and the transactions they govern would proceed smoothly – cargo would be available at the loading port when intended, ships would arrive on time to collect it…

On 24th February, 2022, the European Union put into place a wide range of measures in response to the conflict in Ukraine. These measures can be found in Regulation 2022/328. The EU has continued to…

The relevant UK legislation regarding sanctions relating to Russia is The Russia (Sanctions) (EU Exit) Regulations 2019 which has recently been amended by six additional regulations (“the Amendment…

On 15th March, 2022 the EU implemented further sanctions on Russia by way of Council Regulation (EU) 2022/427 and Council Regulation (EU) 2022/428. As well as 15 individuals,…

On 5th March, 2022, Singapore became the first South East Asian country to impose sanctions against the Russian regime in response to the invasion of Ukraine. This is the first time Singapore has…