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Shipping & Transport

16 January 2019
Charalampos Kazantzis Securitisation in shipping: Maltese perspective

Malta - Fenech & Fenech Advocates

Asset-backed securitisation in the shipping sphere has recently come to prominence in light of traditional financiers' reluctance to finance shipping activities. The amalgamation of Malta's securitisation framework and merchant shipping laws makes up for a sui generis alternative corporate vehicle to facilitate such transactions and provide the stability and security for which investors yearn.

Author: Charalampos Kazantzis
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Emeka Akabogu Legal limits of armed guards on board ships

Nigeria - Akabogu & Associates

Voyaging in West African waters, particularly the Gulf of Guinea, is considered dangerous and raises the question of whether shipowners are entitled to put armed guards on board their vessels to protect them from attacks by arms-bearing third parties. Considering reported attacks of armed robbers at sea, kidnappings for ransom and other criminal occurrences in Nigerian waters, shipowners and operators have explored how to optimise the protection of both ships and cargo.

Author: Emeka Akabogu
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Herman Steen When are owners obliged to commence approach voyage to loading port?

United Kingdom - Wikborg Rein

In charterparties where no expected time of arrival or readiness to load at the loading port is stated, the question will be whether an equivalent can be identified which can be used as the basis for an absolute obligation requiring the owners to proceed to the loading port by a particular time. The Court of Appeal recently held that the itinerary for an intermediate voyage was such an equivalent.

Authors: Herman Steen, Eleanor Midwinter, Marcus Sharpe
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Recent updates

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Authors: Gaute K Gjelsten, Nina M Hanevold-Sandvik, Aleksander Fjeldberg Taule
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Germany - Arnecke Sibeth Dabelstein

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United Kingdom - Wikborg Rein

Author: Baptiste Weijburg
Michael Harowski Exculpatory clauses in towage contracts: limiting exposure in light of Bisso doctrine

USA - Wilson Elser

Authors: Michael Harowski, Ashley Bane