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Insurance – Law

Stay up to date with the latest in Insurance – Law— covering market updates, regulatory changes, vessel activity, and expert commentary from top maritime sources.
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WFW advises MPCC on US$260m strategic fleet optimization

24 Jul, 2025
Watson Farley & Williams (“WFW”) advised shipping company MPC Container Ships ASA (“MPCC”) on two transactions as part of the implementation of its fleet strategy. The first transaction was the order of four new 4,500 TEU container vess...

UK sanctions 135 shadow fleet tankers to ‘drain Russia’s war chest’ against Ukraine | Maritime Insurance news

23 Jul, 2025
Britain on Monday imposed new sanctions on Russia’s so-called “shadow fleet,” targeting 135 oil tankers which form part of the fleet responsible for illicitly carrying $24bn worth of cargo since the start of 2024 and two entities.   The san...

BIMCO adopts clause to help owners deal with US port fees on China-linked ships | Maritime law news

23 Jul, 2025
The Documentary Committee of the large shipping association BIMCO has adopted a standard clause aimed at addressing contractual uncertainties that may arise from the United States Trade Representative’s (USTR) notice of actions to impose fe...

India uncovers crew certificate fraud; fraudulent certificate holders debarred from sailing | Maritime Insurance news

22 Jul, 2025
In a move to curb malpractices in recruitment and prevent seafarers from getting duped or abandoned at sea, India has restricted ship owners from employing Indian seafarers holding certificates of competency (CoC) that are not recognised by...

Developments in relation to the employment of seafarers

22 Jul, 2025
We bring you two developments in relation to the employment of seafarers. Firstly, following negotiations in Geneva, the International Chamber of Shipping and the International Transport Workers’ Federation have welcomed the introduction of...

EU’s latest Russian sanctions: oil cap lowered, shadow fleet hit, flag registry listing; UK joins EU’s sanctions | Maritime Insurance news

21 Jul, 2025
The European Union agreed to impose its toughest sanctions on Russia since its large-scale invasion of Ukraine, lowering the price cap for crude oil, imposing further sanctions across the shadow fleet value chain, and for the first time lis...

Hill Dickinson strengthens London marine team with new commodities partner

19 Jul, 2025
Leading international law firm Hill Dickinson has announced the hire of Andrew Meads, who joins as a partner in the firm’s London City office Commodities team. With almost 30 years of experience, Andrew brings extensive expertise advising c...

Greek shipowners return to Russian oil trade as crude prices slip; | Shipping reports

17 Jul, 2025
Greek shipowners piled back into the Russian oil trade in June taking advantage of lower crude prices in recent months to extend their operations in the region, a new study finds. The Maritime AI™ company Windward analysis of June tanker ac...