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Article

Wikborg Rein | Norway | 22 Jan 2020

Shipping project finance: new regulatory intricacies

Project financing has historically been a popular investment scheme and source of capital in Norway for shipping projects. However, the Norwegian

Article

Bennett Jones LLP | Canada, Global | 21 Jan 2020

Introducing Incoterms 2020

On January 1, 2020, the most recent version of Incoterms came into force. Among the changes are a new Incoterm, DPU (described below), new carriage

Article

HFW | United Kingdom, Global | 17 Jan 2020

Autonomous ships: Drawing a line in the sand

In our first 2020 briefing for our series on Maritime Autonomous Surface Ships (MASS), we consider changes to both the UK Code of Practice (COP) on

Article

HFW | Australia, Global | 16 Jan 2020

Australia issues regulations for implementation of IMO2020 premised on a policy of strict compliance

One of the many challenges faced by shipowners with the coming into effect from 1st January 2020 of the MARPOL Convention Annex VI global sulphur cap

Article

RPC | United Kingdom | 16 Jan 2020

Freezing orders: when will past conduct show a real risk of dissipation?

In Lakatamia Shipping Company Limited v Morimoto, the Court of Appeal overturned a decision to discharge a worldwide freezing order. This case

Article

Thompson Hine LLP | USA | 16 Jan 2020

FMC Declines to Eliminate Service Contract Filing Requirements for Ocean Carriers

On December 20, 2019, the Federal Maritime Commission (“FMC” or the “Commission”) granted in part and denied in part the World Shipping Council’s

Article

Buckley LLP | USA, Iran | 8 Jan 2020

OFAC issues amended Iran-related General License, FAQs

On December 19, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued amended Iran General License (No. K-1), which permits

Article

Venable LLP | Global | 6 Jan 2020

A New Landscape for Global Transportation as IMO 2020 Requirements Take Effect on January 1, 2020 Insights Venable LLP

As of January 1, 2020, the International Maritime Organization (IMO) has mandated a lower cap for sulfur in fuel oil used by oceangoing vessels

Article

Baker McKenzie | USA, Iran | 18 Dec 2019

US Government Designates IRISL, E-Sail, and Mahan Air under Executive Order 13382

On December 11, 2019, the US State Department announced the designations of the Islamic Republic of Iran Shipping Lines (“IRISL”), its China-based

Article

Boyes Turner LLP | United Kingdom | 18 Dec 2019

Incoterms 2020 - Have you prepared for the changes?

The new Incoterms rules will become effective on 1 January 2020. The rules were published in September so organisations involved in the international

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