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.  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.
The US enforces the Coalition Price Cap on Russian Oil
The US Department of the Treasury’s Office of Foreign Assets Control imposed sanctions on two entities and two vessels for transporting oil sold above the Coalition Price Cap on Russian oil.
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.
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.
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”).
LISW23: Shipbuilding Contracts, Technological Innovation and Decarbonisation
For shipping to meet global decarbonisation objectives, new technology and alternative fuels will be critical. The recent boom in demand for newbuilding vessels has been driven partly by the need to move away from older vessels which will struggle to meet increasingly stringent decarbonisation targets.
New regulation on the FuelEU Initiative adopted by the European Council following scrutiny
As we have reported previously , the EU’s ‘Fit for 55’ package presented on 14 July 2021 contained a basket of measures, including the FuelEU maritime initiative (the FuelEU Initiative), aimed at achieving the EU’s target to reduce the EU’s net greenhouse gas emissions by at least 55% by 2030 (compared to 1990 levels) and put the EU on a path to be climate neutral by 2050.
Eight things you need to know about the UK Emissions Trading Scheme
In March 2022, the UK ETS Authority (the UK ETS Authority) started a consultation process on how the UK Emissions Trading Scheme (the UK ETS) could be further developed. The UK ETS was implemented after the UK left the EU to replace the UK’s participation in the EU Emissions Trading Scheme (the EU ETS).
Shipping JOLCOs and environmental regulations: Update
In our previous publication in April 2023, we reported on the recent regulatory changes impacting shipping JOLCOs. As a result of those changes, a newbuild vessel to be owned through a silent partnership (tokumei kumiai or TK) structure may no longer be eligible for accelerated tax benefits (i.e. “special depreciation”) unless that vessel is certified as an "advanced vessel" complying with specific environmental and IT performance requirements, as more particularly set out in our original article.
Energy transition: Transforming change into opportunity
While global demand for energy continues to rise, increasing pressure to support the decarbonisation of the industry has...
Future of transport
Transitioning the sector to environment-friendly fuelled-transport modes will require significant investment and time.