Humanity is now facing a new global epidemic outbreak named COVID-19 likes of which were not seen in the last century. The COVID-19 outbreak, which has been upgraded by the National Health Organization from the Epidemic Disease level, (having more limited impact) to the Pandemic Disease level (high level of risk of expansion all over …
Turkey: Effects Of COVID-19 Outbreak On Maritime Law Read More »
DIRECTORS’ PERSONAL LIABILITY FOR WRONGFUL TRADING – RELIEF DURING THE CORONAVIRUS CRISIS As the UK’s economy continues to experience shocks, and companies of all sizes face increasingly intense financial pressure as a result of the coronavirus pandemic, the Department for Business, Energy and Industrial Strategy has announced plans to suspend provisions relating to wrongful trading …
Suspension Of Wrongful Trading In Light Of Covid-19 Read More »
Shipping has also been greatly affected. Bulk carrier rates are depressed, though they may be helped by increased demand from China as it exits its lockdown. The outlook is uncertain for container ships, and it is dire for cruise shipping. Ship scrapping activity is low as scrapyards have closed following the lockdowns in India and …
The case also illustrates the high costs of pollution cases in the United States and the commensurate lengthy litigation that can ensue. Our US lawyer and pollution expert, Frank Gonynor, discusses the specifics of the ‘Athos I’ decision and, since most charter parties incorporate English law, we asked Adrian Moylan, an English Solicitor, to comment …
Watson Farley & Williams (“WFW”) advised Crédit Agricole Italia S.p.A. on a loan facility to Fratelli Neri S.p.A., to finance the construction of the “ROMITO” tugboat built at Damen Shipyards in the Netherlands. The financing has been fully disbursed to cover the payments agreed with the Dutch yard. Crédit Agricole Italia S.p.A., a subsidiary of …
WFW advises Crédit Agricole on Rimorchiatori Fratelli Neri financing Read More »
Cyprus has undertaken a major endeavor to establish and develop a maritime cluster of companies and services, enabling Blue Growth to be part of a cohesive and flourishing set of initiatives and programmes. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), Natasa Pilides, Cyprus Shipping Deputy Minister, Petros Achtypis, Founder of Prevention at …
Brexit, IMO 2020 and the Coronavirus are plaguing the shipping industry of late and ECSA (European Community Shipowners’ Associations) is working round the clock in order to offer solutions to its members and advocate the industry’s contribution towards the European economy. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), Mr. Claes Berglund, President …
Trade Challenges Ahead for the Shipping Industry Read More »
Trade 2.0 is an original study by PUBLIC and commissioned by Inmarsat into the critical role of maritime startups and the benefits of digitalisation to the shipping and offshore sectors between 2020 and 2030. Trade 2.0 is an original study by PUBLIC and commissioned by Inmarsat into the critical role of maritime startups and the …
Trade 2.0: How startups are driving the next generation of maritime trade Read More »
During the past few weeks, debate regarding the best solution to lower shipping emissions has intensified, with one side claiming that slow steaming is a viable option, while the other argues against this. GreenSteam’s Chief Operations Officer, Simon Whitford, ventures into the discussion, arguing, in an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), that …
Private equity owned or backed shipping companies are increasingly venturing in the ships-for-shares deals with listed ship owners. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com) Mr. Daniel Saunders, a London partner with law firm Watson Farley & Williams (www.wfw.com/) explains the growing popularity behind this trend and the reasoning behind it. Lately, …
