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Adoption of the IMO NZF delayed: Regional, national and corporate actors action urged to fill the gap

A scheduled Extraordinary Session of the IMO’s Marine Environment Protection Committee has ended without adopting the policy measures agreed upon in principle in April 2025. These measures are intended to reduce emissions from the shipping sector and kick-start the sector’s energy transition. The meeting failed to complete the next milestone toward the entry into force …

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Ship leasing: Does a financial lessor need to be the registered owner of the leased asset?

Prior to the advent of Chinese leasing, ship leasing was historically a financing structure in the alternative ship finance space. It was originally perceived as a relatively covenant free financing instrument which provided high financing leverage compared to what was provided at the time under traditional debt financing. It was frequently used as an off-balance …

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Indian Register of Shipping Launches Ship Drift Trajectory Prediction Service

Indian Register of Shipping (IRS) has announced the launch of its Ship Drift Trajectory Prediction Service; an advanced tool designed to strengthen maritime risk management and enhance emergency response planning for disabled vessels. Developed in collaboration with the Indian Institute of Technology Bombay (IIT Bombay), this state-of-the-art computer program predicts the drift paths of vessels …

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International Cargo Handling Association (ICHCA) has a new chair. Australian Scott McKay has been elected, effective 30 September

New Chair Announced for Cargo Handling Industry Body With members from the port, terminal, shipping and cargo handling community throughout the world, ICHCA remains committed to improve the safe working environment of all those handling cargo throughout the international maritime supply chain. The appointment of McKay, a veteran with nearly forty years experience of supply …

International Cargo Handling Association (ICHCA) has a new chair. Australian Scott McKay has been elected, effective 30 September Read More »

Hafesa obtiene la autorización de depósito aduanero en su planta de almacenamiento de Motril

Es la primera instalación de la compañía en recibir esta autorización, que refuerza su posición como operador logístico de referencia del sur de Europa. El nuevo régimen permite almacenar mercancías extranjeras en régimen suspensivo, optimizando la gestión aduanera y fiscal para los clientes de Hafesa. Hafesa, operador multienergético de referencia en el mercado español y …

Hafesa obtiene la autorización de depósito aduanero en su planta de almacenamiento de Motril Read More »

Cross-border, cross-practice Norton Rose Fulbright team advises Danaos Corporation on US$500 million high-yield bond offering

Global law firm Norton Rose Fulbright has advised Danaos Corporation, one of the world’s largest independent owners of modern, large-size containerships, in connection with a successful US$500 million Rule 144A/Reg. S offering of 6.875% Senior Notes due 2032. Danaos intends to use the net proceeds to redeem in full the US$262.8 million outstanding principal amount …

Cross-border, cross-practice Norton Rose Fulbright team advises Danaos Corporation on US$500 million high-yield bond offering Read More »

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