Publication
Greece
The applicable legislation establishing a national screening mechanism for foreign direct investments (FDI) and implementing Regulation (EU) 2019/452 in Greece is Law 5202/2025, which was adopted on 22 May 2025 (Greek FDI Law).
Global | Publication | December 2024
In Stournaras Stylianos Monoprosopi EPE v Maersk A/S [2024] EWHC 2494 (Comm), the High Court considered whether Maersk A/S (the Defendant), had breached its obligations as a carrier, with regard to the transportation of goods by sea.
Stournaras Stylianos Monoprosopi EPE (the Claimant) alleged that the carrier as Defendant was responsible for failing to deliver promised goods. Their ships held containers with worthless concrete blocks weighing significantly less than the intended copper. The Claimant contended that the Defendant ought to have suspected fraudulent activity by the shippers and failed to perform reasonable checks of the order and the condition of goods for shipment when the containers weighed far less than the shippers had stated in their instructions.
The judge found in favour of the Defendant that the weight of cargo was used for its stowage plan and weight discrepancy is not evidence of fraudulent activity. An inspection of the external shell of the container was reasonable and the bills of lading complied with the shipping instructions. The Defendant did not owe the Claimant a duty of care for protection against fraud.
Further reading: the full case can be found here.
Publication
The applicable legislation establishing a national screening mechanism for foreign direct investments (FDI) and implementing Regulation (EU) 2019/452 in Greece is Law 5202/2025, which was adopted on 22 May 2025 (Greek FDI Law).
Publication
The UK Government’s Department for Transport (the DfT) has published its Maritime Decarbonisation Strategy, setting out its plan for decarbonising maritime and new decarbonisation goals for the UK domestic maritime sector.
Publication
On 29 May 2025, in Finlayson v Caterpillar Financial Services Corp [2025] UKPC 24 (The Bahamas), the Judicial Committee of the Privy Council of the United Kingdom (the Privy Council) heard the appeal of Mr Garet O Finlayson and Mr Mark Finlayson (the Appellants) following the Supreme Court of the Bahamas and the Court of Appeal of the Bahamas finding in favour of the respondent, Caterpillar Financial Services Corporation (the Respondent).
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