News & Analysis as of

Maritime Transport United Kingdom

Latham & Watkins LLP

UK Government Publishes Consultation Responses on Expanding the UK ETS Scope

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The government confirmed plans to expand the scope of the UK ETS to further align with the EU ETS, following discussion on potential reintegration....more

Mayer Brown

EU & UK Adopt New Sanctions Targeting Russia

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On May 20, 2025, the European Union ("EU") and the United Kingdom ("UK") adopted new sanctions targeting Russia, reflecting prior commitments to apply "further pressure on Russia to hinder its ability to wage its war of...more

A&O Shearman

Maritime misadventure: the case of the nominal damages

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Where two vessels were returned late by a charterer, only nominal damages were recoverable, since even if the vessels had been returned on time, the owners could not have chartered them out owing to obligations under...more

Mayer Brown

UK Weekly Sanctions Update - Week of March 4, 2024

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1. Russia Sanctions - UK Government increases the deadline for providing certain information in relation to the Maritime Services Ban and Oil Price Cap Exception: On March 8, 2024, the UK Government increased the deadline...more

Akin Gump Strauss Hauer & Feld LLP

Developments in Emissions Trading in the U.K. and EU

As the delegates of the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) (COP26) return from two hard weeks in Glasgow, significant progress has been made on establishing...more

Husch Blackwell LLP

May 2021 Trade Law Update

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In Husch Blackwell’s May 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law: USTR announced and immediately suspended Section 301 tariffs against Austria,...more

White & Case LLP

Scope of new UK National Security and Investment Bill clarified

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In November 2020, the UK published a draft of its new National Security and Investment Bill ("NSIB"), heralding the introduction of a new regime for reviewing investments on national security grounds. The Bill introduced a...more

Morrison & Foerster LLP

Following U.S. Lead, UK Office Of Financial Sanctions Implementation Issues Maritime Guidance

Much of the world’s focus is on the COVID-19 pandemic, and rightfully so, but sanctions regulators also have their gazes fixed on another issue: the maritime industry. On May 14 2020, we saw the U.S. Departments of State and...more

K2 Integrity

UK Releases Maritime Sanctions Guidance

K2 Integrity on

On July 27, 2020, the United Kingdom’s Office of Financial Sanctions Implementation (“OFSI”), the office in Her Majesty’s Treasury responsible for administering UK sanctions, released Maritime Guidance: Financial sanctions...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2019 #2

New Sulfur Caps for Shipping Fuels Will Help Make the Shale Boom Even Bigger "Now the shale revolution will help shippers across the world comply with the International Maritime Organization's 2020 standards, called "IMO...more

Vedder Price

Global Transportation Finance Newsletter - June 2017

Vedder Price on

So, what is LIBOR? LIBOR—the London Interbank Offered Rate—is one of the most ubiquitous benchmarks for determining short-term interest rates in bank (and other) lending. LIBOR rates are short-term fixed rates quoted for...more

Carlton Fields

London Maritime Arbitration Association Held To Be A “Foreign Tribunal” Within The Meaning OF 28 U.S.C. § 1782

Carlton Fields on

Kleimar N.V., the plaintiff in a London arbitration against defendant Dalian Dongzhan Group Co. Ltd. (Dailan), filed an ex parte application with the New York District Court seeking the issuance of a discovery order and...more

Latham & Watkins LLP

Supreme Court Upholds Finality of Arbitral Awards

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A recent Supreme Court decision raises issues over the extent of court intervention in the arbitration process and reminds us of the importance of carefully selecting institutional rules so as to avoid (if necessary) the...more

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