In the wake of the OW Bunker insolvency in late 2014, shipowners have found themselves at risk of double payment demands and numerous vessels have been arrested, forcing shipowners to pay physical suppliers even if they had already paid. A recent judgment has now accepted an appeal by the owners based on the principle of relativity of contracts. However, it is unclear what the decision will mean for future arrest applications.
When a non-delivery of cargo claim arises, insurers must be quick to trace the cargo and obtain evidence admissible in the UAE courts. Two recent judgments provide an interesting insight into marine insurance litigation in the United Arab Emirates.
Proposed measures to prevent further oil spills in the United Arab Emirate's territorial waters include a total ban on ships that fly the flags of certain countries.
A ministerial decision passed in June modifies the UAE licensing conditions for foreign vessels. This update details the amendment.