As a vessel owner or operator, are you prepared to mitigate and manage the operational uncertainty and risks of COVID-19? The risks of COVID-19 to seafarers are particularly apparent, given the close living and working conditions onboard vessels. With these risks in mind, and the potential for spread of infection across borders, port states and …
COVID-19: Vessel Entry into U.S. Ports in the Age of a Pandemic Read More »
The chief executive of Oil & Gas UK, Diedre Michie, has warned that the combination of COVID-19 and the latest oil price collapse, “coming so soon after one of the worst downturns in our history”, has left the UK oil industry “in a paper-thin position”. The fall in the oil price has required oil and …
Distress In The Offshore Sector: Alternative Approaches To Restructuring Read More »
On 30 March 2020, in Citgo Asphalt Refining Co v Fescati Shipping Co Ltd, the US Supreme Court resolved a circuit split on the interpretation of safe-berth clauses. If the clause contains an unqualified warranty of safety, the court determined that the clause imposed an absolute duty on the charterer to select a safe berth. …
US Supreme Court rules safe berth clause is a warranty Read More »
London International legal and professional services firm Ince has today announced the appointments of Gillie Belsham and Chris Kidd as co-heads of its Energy and Infrastructure Practice. Both are long-time partners at Ince, each with decades of experience. They will succeed outgoing Simon Hems, who departs the firm after leading the practice for the past …
Ince announces new heads of Energy and Infrastructure Practice Read More »
Watson Farley & Williams (“WFW”) has promoted six lawyers to the firm’s partnership for 2020, bringing the total number of Partners to 173. They are: Michele Autuori – Maritime, Assets & Structured Finance, Rome Michele specialises in loan agreements, security packages, restructuring and insolvency, leasing transactions of yachts and sale and purchase of vessels. His …
Extension of Time for Payment of Tonnage Tax and Annual Maintenance Fee: It has been announced that the CyprusShipping Deputy Ministry, in an effort to support shipping companies and owners of Cyprus ships and to enable them to address the difficulties encountered due to the wide spread of the coronavirus outbreak, has decided to extend …
Across the world, businesses and governments are grappling with the financial impact caused by COVID-19. One response has been the provision of financial support to businesses by government. Another focus has been insolvency law, with various initiatives being proposed to enable businesses to avoid insolvency proceedings due to what is hoped to be a temporary …
Insolvency Law In The Spotlight: The UK Response To The Financial Impact Of Covid-19 Read More »
Law-Decree no. 23/2020 (the so called “Restore Liquidity” Decree), which entered into force and was published in the Italian Official Gazette on 9 April 2020, sets forth urgent measures concerning access to credit and fiscal duties for companies; special powers for the government in strategic sectors; and measures concerning health, employment and an extension of …
There has been much debate about the COLREGS over the last 12 months or so, with many suggesting that it is now time for not just some amendments but a total revision of the Rules. So are the COLREGS still fit for purpose? The future: autonomous ships Many believe that in the not so distant …
Global, sector-focused law firm assisted Abu Dhabi Ports on its purchase of bulk carrier Mv NIKI. HFW also provided completion services to all parties on the transaction, which was closed remotely via video conference due to Covid-19. Participants logged in from 11 different locations in Greece and Abu Dhabi, and all documents were signed electronically, …
HFW Assists Abu Dhabi Ports On Ship Purchase With Remote Closing By Video Conference Read More »
