Getting to Net Zero shipping and aviation is a complex challenge. However industry collaboration, innovation, new regulations and pressure from customers are helping to accelerate progress....more
Financiers, lessees, borrowers and sponsors in the asset finance sector are feeling the detrimental impact of Covid-19 on their business. This note examines some of the legal issues faced by the parties and how they might...more
Two recent settlements in the United States have highlighted the risks for parties involved in aviation and shipping of incurring liabilities for a breach of sanctions. ...more
The report examines financing trends, opportunities and risks in the ECA supported shipping and offshore sectors with a particular focus on three key market sectors: cruise ships, floating production storage and offloading...more
In May 2016, we reported the decision of the São Paulo Court of Appeals to refuse to recognise a Liberian mortgage taken on behalf of bond investors over a Liberian-flagged FPSO, on the grounds that Liberia was not party to...more
The UK Supreme Court’s recent judgment has added clarity to the extent of the safe port warranty often given by Charterers pursuant to a time charter. In this article, we look at a Charterer’s potential liability when giving...more
What is the Convention all about?
The Nairobi International Convention on the Removal of Wrecks 2007 comes into force on 14 April 2015. When the Convention applies, it will impose strict liability and insurance...more