There have been many articles on the Carbon Intensity Indicator (“CII”). We first reported on this issue in February 2022. It’s worth reading the penultimate paragraph of that article as we correctly predicted the dilemma facing the industry as it seeks to adapt to a... Read more >
We recently commented here on the regulatory challenges faced by shipowners from 1 January 2023. To ease this burden, BIMCO have released an EEXI transition clause, a copy of which can be found here. More clauses are set to follow to deal with carbon intensity. It... Read more >
Recently, we’ve seen an uptick in hull fouling claims. These are usually caused by circumstances where ships have been sitting idle off ports waiting to load or discharge or have been laid up due to issues related to the pandemic. The question is always: who should... Read more >
Recent world events have underlined the unpredictability of the modern world and the need to provide contractually for the unexpected. This is particularly true as the term “force majeure” is not a recognised legal concept under English law. The release of the new... Read more >
We see many cases where poorly drafted or inconsistent dispute resolution clauses have created confusion. We would therefore encourage all our clients to consider using a standard arbitration clause as a template. From time to time, these templates are reviewed. For... Read more >