The Shipbuilding and Harbor Infrastructure for Prosperity and Security (SHIPS) for America Act (the Act) was reintroduced on April 30, 2025, with bipartisan support from legislators. It aims to expand the U.S.-flag...more
The U.S. Trade Representative (USTR) on April 17, 2025, announced its long-awaited final proposed measures to combat China's dominance in the maritime sector by imposing fees on Chinese-linked ships.
Public criticism of...more
4/22/2025
/ China ,
Executive Orders ,
Fees ,
International Trade ,
Maritime Transport ,
Ports ,
Section 301 ,
Shipping ,
Tariffs ,
Trade Policy ,
USTR ,
Vessels
A much-anticipated executive order (EO), "Restoring America's Maritime Dominance," issued on April 9, 2025, follows President Donald Trump's comments during his March 4, 2025, joint address to Congress, during which he vowed...more
The U.S. Trade Representative (USTR) made a determination on Jan. 20, 2025, that China's targeting of the maritime, logistics and shipbuilding sectors for dominance is unreasonable and burdens or restricts U.S. commerce and...more
3/6/2025
/ China ,
Imports ,
International Trade ,
Logistics ,
Maritime Transport ,
National Security ,
Ports ,
Section 301 ,
Shipbuilding ,
Tariffs ,
Trade Act of 1974 ,
US Trade Policies ,
USTR
In a 9-0 decision, the U.S. Supreme Court held on February 21, 2024, that choice-of-law clauses in marine insurance contracts are presumptively enforceable under federal maritime law. These clauses should be enforced unless...more
2/23/2024
/ Choice-of-Law ,
Common Law Claims ,
Forum Selection ,
Insurance Contracts ,
Insurance Industry ,
Insurance Litigation ,
Jurisdiction ,
Maritime Transport ,
Policy Terms ,
Public Policy ,
SCOTUS
The Baltic and International Maritime Council (BIMCO) has released SHIPSALE 22, a new standard contract form for use by commercial sellers and purchasers of vessels. SHIPSALE 22 is intended to replace the popular SALEFORM...more
The Brazilian Superior Court of Justice granted Nordic Trustee's appeal on Nov. 16, 2017, and recognized the validity of a $530 million First Preferred Liberian Ship Mortgage over the OSX 3 in favor of Nordic Trustee. The OSX...more