Legalseas

Legal and market updates from our maritime lawyers around the world

Our shipping law insights provide legal and market commentary, addressing the key questions and topics of interest to our clients operating in the shipping industry, helping them to effectively manage risk.

The knowledge of our global shipping lawyers encompasses every aspect of shipping law, including admiralty and marine-related matters. We provide the information charterers, marine insurance providers, ship financiers and shipowners need in order to navigate the changes and challenges facing the industry, including new environmental regulations and ship safety standards, the latest developments in shipping finance, and the move towards digitalization.

Legalseas – latest publication

In our latest Legalseas publication we analyse the outcome of the recent Unicredit Bank A.G. v Euronav N.V. [2023] EWCA Civ 471 case and provide guidance for all parties to consider as a result of this ruling.

You can read this and all our articles in the ‘Recent insights’ section below.

Recent insights

Financing onboard carbon capture: What are the options?

Norton Rose Fulbright’s legal experts explore potential finance options for carbon capture systems and the particular complexities related to mortgaged vessels

Global | Publication | March 19, 2024

Transiting through the Red Sea: Practical and legal considerations

The attacks on vessels in the Red Sea has resulted in major disruptions to the international shipping sector and global trade as vessels continue to avoid this critical waterway. What are the key legal and practical considerations for shipowners, charterers, and merchants to consider?

Global | Publication | February 07, 2024

EU introduces Notification Obligation for the Sale of Tankers

On 18 December 2023, the EU adopted its 12th sanctions package against Russia. As part of this package, Council Regulation (EU) 2023/2878 (amending Council Regulation (EU) No 833/2014 of 31 July 2014 (Regulation 833/2014)) introduced restrictions relating to the sale of tankers.

Global | Publication | January 25, 2024

The EU ETS and Shipping: A bumpy ride ahead?

As we reported in April this year, the EU emissions trading scheme (the EU ETS) is expanding to include the shipping industry.

Global | Publication | October 18, 2023

Financing sustainability in shipping

Shipping plays a critical role in facilitating efficient global trade and underpins the international economy: it is estimated that over 80% of world trade is carried by sea.

Global | Publication | October 02, 2023

Oil Price Cap Risks: Evasion, enforcement, and the environment

There continues to be increasing rhetoric on the monitoring and enforcement of the G7 and Australia’s (“Coalition”) Price Caps on Russian crude oil and petroleum products (“Price Caps”).

Global | Publication | September 04, 2023

Women at sea: What you don’t see

Nina Varumo is a freelance portrait and documentary photographer based in Stockholm. A recent project of hers Kvinnor till sjöss (‘Women at sea’) is on ongoing photo series highlighting the working life of female seafarers in order to change the stereotypical image of what and who is a seafarer.

Global | Publication | May 16, 2023

Shipping and EU ETS: The changing landscape

In July 2021, the European Union (EU) released the ‘Fit for 55’ package, a set of proposals to update EU law in order to meet the EU’s aims of reducing net greenhouse gas emissions by 55% by 2030. A number of the proposals are intended to impact the shipping industry, including the proposed expansion of the EU emissions trading scheme (the EU ETS) to include maritime transport. On 18 December 2022, after scrutiny from a number of EU legislative chambers, the Council of the European Union and the European Parliament reached a provisional political agreement on the EU ETS proposals. A draft version of the directive was published on 8 February 2023 and this was approved by the EU Parliament on 18 April 2023 (the Directive)..

Global | Publication | April 20, 2023

Shipping JOLCOs and environmental regulations: How the market is set to change

A Japanese Operating Lease with Call Option (JOLCO) is a structured leasing arrangement that originally gained popularity in the aviation sector but has been increasingly common in the shipping sector over the last decade.

Global | Publication | April 18, 2023

More insights