Insights

The recent Commercial Court decision in Navision Shipping A/S v. Precious Pearls Ltd and Conti Lines Shipping NV v. Navision Shipping A/S (m.v. Mookda Naree) [2021] EWHC 558 (Comm) tackles issues relating to off-hire during a period of arrest. The judgment demonstrates how a minor difference in the wording of an arrest clause can have a significant impact on the hire position. Podcast also available.

The London Maritime Arbitrators Association (“LMAA”) has recently updated its terms of procedure. The new terms came into effect on 1st May, 2021 and apply to arbitrations started on or after that date. Podcast also available. 

OFAC has announced that sanctions on certain Belarusian entities are to be imposed following a 45 day wind-down period. Podcast also available.

On 15th April, 2021, the US took multiple sanctions actions targeting “aggressive and harmful activities by the Government of the Russian Federation” under a new Executive Order (“EO”). Podcast also available.

A key difference between litigating a claim in the English High Court and resolving a claim in arbitration is the court’s power to impose sanctions on a party for failing to comply with its orders. This article looks at how the court’s powers work and how witnesses and parties can avoid falling foul of the rules and ending up in contempt of court, suffering court punishment and reputational damage. Podcast also available.