Shipping & Transport updates

Chile

Contributed by JJR Abogados
New law allows passenger cabotage on foreign cruise vessels
  • Chile
  • 12 June 2019

The Merchant Navy Law, which includes a cabotage reservation system, implies that only Chilean vessels are permitted to provide maritime or fluvial transport services (of cargo or passengers) within Chile or its exclusive economic zone. However, Law 21,138 recently came into force, allowing passenger cabotage on foreign cruise vessels provided that certain conditions are met.


Cyprus

Contributed by Elias Neocleous & Co LLC
New policy on registering vessels in Cyprus Register of Ships
  • Cyprus
  • 12 June 2019

The Deputy Ministry of Shipping recently updated its policy on the eligibility of ships to be registered under the Cyprus flag. The policy stipulates additional requirements beyond those set out in the Merchant Shipping Registration of Ships, Sales and Mortgages Law and should therefore be read in conjunction with the relevant legal provisions.


United Kingdom

Contributed by Wikborg Rein
Worldwide freezing orders upheld in multinational shipping fraud case
  • United Kingdom
  • 12 June 2019

The High Court recently upheld two worldwide freezing orders in a multinational shipping fraud case were upheld, rejecting the defendant's allegations of breaches of full and frank disclosure. Among other things, the judgment is a useful confirmation and strengthening of the standing of intermediary charterers to sue for the full value of the hire in circumstances where the claimant's ultimate loss may be substantially lower.


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