Using Technology to Streamline Operations in Container Shipping
That ‘Cloud’ on the horizon is closer than it looks.The container shipping industry faces many challenges, particularly when it comes to increasing uncertainty in the global political and economic environment. The issues between the US and China over trade relations and Brexit in Europe are testing the industry, plus increased regulations and market fluctuations are having a big impact.How container shipping companies operate now and in the future is changing and staying ahead of the curve is crucial for survival.
Hill Dickinson Strengthens Team
Hill Dickinson announced a series of high-level appointments.Joining Hill Dickinson are Master Mariner Kevin Austin, Korean market specialist Beth Bradley, and transactional lawyer Sung Hwan Choi.Experienced Master Mariner Kevin Austin, currently a Legal Director with Norton Rose, is especially well known in the London Hull Market. He will join Hill Dickinson as a Legal Director in London, following a strategic rearrangement of the firm’s mariner team, which sees Joe Quain return…
Campbell Johnston Clark Bolsters Admiralty and Casualty Team
Specialized international shipping law firm Campbell Johnston Clark (CJC) has announced new senior appointments to the Admiralty and Casualty teams in its London and Singapore offices.Paul Apostolis is joining CJC’s Singapore office from HFW Singapore while Andrew Gray joins as a partner in London from Clyde & Co. The appointments are effective from August 1. Both Apostolis and Gray have extensive casualty experience and are proficient in all aspects of the dry side of casualties that necessarily arise from incidents.Alistair Johnston…
Harrison Named President, WISTA USA
Parker Harrison, Vice President Procurement of Crowley Maritime Corporation, has been appointed President of the US Chapter of WISTA, the Women's International Shipping & Trading Association. She takes over the presidency from Alexandra Anagnostis-Irons of Total Marine Solutions.“I am honored to be stepping into the role of President of an organization to which—and to the members of which—I owe so much, both professionally and personally,” said Harrison, a WISTA USA member since 2004 and WISTA USA membership secretary since 2008.“We are a bigger…
The Shipping Markets In 2016
In 2016, market conditions in most shipping sectors have been highly challenging, says a report by Clyde & Co, global law firm. The ClarkSea Index, an average of earnings for the main commercial vessel types, reached a record monthly low in August. In the first ten months of 2016, the index dropped 37% y-o-y to average $9,129/day. Tanker market conditions weakened considerably in the first ten months of 2016 from very firm levels at the start of the year and in 2015. Average tanker spot earnings fell from $28,483/day in January 2016 to $9,922/day in August, but have risen since.
Cybersecurity On Ships: New Guidelines
Companies are becoming increasingly alive to the importance of cyber-security and the need to protect themselves against the risk of cyber-attacks; the marine sector is no exception, says Clyde & Co’s Shipping Newsletter. Earlier this year, BIMCO published guidelines to assist the shipping industry identify, prevent and mitigate the risk of such attacks on board ships. The guidelines, which are the first to address this issue specifically, were jointly produced by BIMCO, Cruise Lines International Association…
Standard Bunker Contract Review Begins
Three of the world’s largest bunker suppliers, including World Fuel Supplies and Dan Bunkering, have joined a team of industry experts to review BIMCO’s standard bunker contract – BIMCO Terms 2015. Shipowners will be represented by Denmark-based J Lauritzen and Norden. Legal and P&I input comes from Clyde & Co and the North of England P&I Club. The initiative is supported by the International Bunker Industry Association (IBIA) who will have a representative on the team. BIMCO…
MarPro Profile: Frances L. Keeler
Frances Keeler, Senior Counsel, Clyde & Co US LLP, might not necessarily be your typical ‘maritime professional’ but what she does on a daily basis is no less important to the waterfront – and the environment – than, for example, anything the builder of the best designed vessel in service today can put together. That’s because Keeler represents clients before various regulatory entities including the US EPA, California Air Resources Board and the local air pollution agencies on rule development…
Piracy Surges in South East Asia
The surge of piracy in South-East Asia waters continues as ships passing the Straits of Malacca and Singapore are falling victim to acts of piracy, says Clyde & Co. Whilst Singapore, Indonesia and Malaysia operate anti-piracy patrols in the area, it has limited resources. The sheltered coast and islands also makes it easier for robbers to operate. As piracy rampages on, Indonesia and Malaysia has taken efforts to jointly increase security. By far, the most significant incident suggests activities going beyond the usual act of armed robbery or theft on board ship.
Maritime Partner Cicala Joins Clyde & Co
Clyde & Co has announced that Conte Cicala, a maritime attorney, has joined the firm as a partner in its market-leading maritime group. Cicala will be based in the firm's San Francisco office, further deepening and expanding the firm's shipping practice along the West Coast. John Keough and John Woods, New York-based partners who lead the firm's maritime and energy practice in the US, said, "Conte is a well-respected litigator in the maritime bar and in the commercial marine industry in California. We are excited that he chose to join Clyde & Co.
Hill Dickinson Appoints Global Head of Shipping
Patrick Hawkins has been named the first head of global shipping at international law firm Hill Dickinson LLP. Hawkins, who also heads the firm’s Greek office, will manage and coordinate the firm's international shipping practice. The firm said that recent high-level recruitment has included former Clyde & Co partner Chris Edwards in Singapore in June this year, and Kennedys partner Anthony Woo in the new Hong Kong Office in September. In the last 12 months the firm has also relocated…
VLCC Charterers Favored in STS Transfer Judgement
Specialist shipping law firm Clyde & Co says that a Court of Appeal decision whether owners had acted unreasonably in withholding their consent for the use of two nominated VLCCs in a Ship to Ship (STS) transfer of crude oil from another VLCC at the port of Pasir Gudang will provide reassurance to the tanker transshipment trade. Falkonera Shipping Company chartered the Falkonera to Arcadia Energy Pte Ltd to perform a voyage, carrying crude oil from Yemen to the Far East. Charterers nominated two VLCC storage vessels to receive the cargo at the discharge port by way of STS transfer.
Clyde & Co to Open Office in Southern California
Clyde & Co announced that it is opening an office in Southern California, headed by Joe Walsh, formerly a partner at Keesal, Young & Logan. Walsh and his team will continue to provide legal services concentrating on the marine and energy markets. The office will be located in Newport Beach, California. Senior Partner James Burns stated, “Opening an office in Orange County is a further step in our expansion in the United States. Our San Francisco office with fifty attorneys focuses primarily on non-marine insurance, aviation and litigation.
Landmark Legal P&I Ruling: LOU Constitutes Limitation Fund
In an important decision for the P&I industry, on 6 March 2014 the Court of Appeal has ruled that a Limitation Fund can now be constituted by way of a Letter of Undertaking ("LOU") given by a P&I Club, as opposed to a cash payment into court. Clyde & Co were instructed by the owners of the M/V "ATLANTIK CONFIDENCE", Kairos Shipping Limited, and their P&I insurers, the Standard Club. The vessel sank off Oman on 3 April 2013 following a fire on board and on 13 May 2013, Owners commenced…
Charter Party Dispute: Shipowner Acted Unreasonably
In a recent decision, the Commercial Court held that a shipowner's refusal to allow two VLCC's nominated by the charterers to carry out STS transfer operations was unreasonable. A vessel was chartered to carry crude from Yemen to the Far East. The charterer also nominated 2 VLCCs to act as storage and receive the cargo at the discharge port by way of STS transfer. The owner of the chartered vessel withheld its approval of the 2 VLCCs and the charterer therefore had to discharge the cargo into smaller vessels to shuttle the cargo into the VLCCs.
Maritime London Delegation to Head for Athens
Maritime London will be leading a delegation of British maritime professionals to Athens, Greece, next month. The high level group will present to an audience of shipowners at the British Ambassador’s Residence on 17 June, 2013. The delegation will be accompanied by UK Shipping Minister, Stephen Hammond, and Sir Alan Massey, Chief Executive of the UK Ship Register. Maritime London chief executive Doug Barrow said: “The Greek British maritime relationship has always been strong and I’m delighted that we have government recognition of the importance that Greek shipowners play in the UK economy.
Maritime Companies Need to Know: What is an “Iranian Person?"
On December 23, 2012, the restrictive measures against Iran contained in Council Regulation (EU) No 1263/2012 came into force. The measures supplement those already contained in Regulation 267/2012 of March 23, 2012. While extending the restrictive measures in areas already legislated for, such as over the transfer of funds and financial services, it introduces new prohibitions which affect the shipping industry in a number of important ways. In particular, ship builders and repairers…