International obligations: climate change

At a United Nations climate conference in late 2023, participants championed the successes of climate commitments in previous years. Nevertheless, there was consensus that not enough action has occurred to enable participants to meet the goals of the Paris Agreement in 20151. This agreement set ambitious goals relating to

International shipping has the potential to undergo an evolution with developments in autonomy—these developments present opportunities to both increase safety and reduce risk to vessel operations. Zulu Associates, a Belgian company which describes itself as an innovator in marine logistics and focusses on smaller vessels, expects to put small autonomous container ships into the English Channel or Southern North Sea by 2026. In an interview with TradeWinds, the CEO of Zulu Associates, Antoon Van Coillie, indicated that shipping insurance markets are cognizant of autonomous systems and ships. He asserted that financing would not be an unsurmountable barrier, since financial institutions are especially interested in vessel sustainability.

In 2021, the global autonomous ships market had a revenue share of over 89 million USD, and is projected to grow at a compound annual growth rate of 6.81% through 20311.Continue Reading Big waves: global autonomous ships market on the rise

Threatened with abrogation by numerous amendments submitted by opposition MPs during the examination of the Finance Bill for 2024, the French tonnage tax regime has finally been saved. Indeed, the Government decided to rely on its power under Paragraph 3 of Article 49 of the Constitution, to force through the contested bill without a vote and without any of the contemplated amendments.Continue Reading French Tonnage Tax regime saved by Government’s 49.3 move in Parliament

The global shipping industry is the backbone of international trade. This article explores areas in which legal strategies can help the shipping industry meet supply chain risks
Continue Reading Navigating Storms: Some legal strategies for contingency planning in shipping supply chains

the Singapore Court of Appeal has clarified the International Regulations for Preventing Collision at Sea (1972) requiring a vessel proceeding in a narrow channel to keep as near to the outer limit which lies on her starboard side as is safe and practicable, not merely to keep to the “lane”.
Continue Reading Singapore Court of Appeal clarifies the proper interpretation of Rule 9(a) of the Collision Regulations

The world economy is shifting towards clean renewable energy sources, particularly offshore wind projects. This presents a significant investment opportunity for those interested in associated shipping assets. Here are some important reasons to consider joint ventures and investments in this sector.
Continue Reading The answer is investing in the wind – Joint ventures in offshore wind

The question of whether demurrage liquidates all or just some of the damages arising from a charterer’s breach in failing to complete cargo operations within the laytime will no longer be decided by the UK Supreme Court following a commercial settlement. The parties have therefore consented to the appeal not proceeding.Continue Reading The Eternal Bliss – Court of Appeal has the final say