In its judgment of 27 April 2026, the Arbitrazh Court of the Murmansk Region (case no. A42-2551/2025) ordered T. AG (Germany) and AS L. (Latvia) to jointly compensate damages of EUR 8.8 million to ООО “MTP Lavna”. The court held that the defendants’ refusal to return advance payments—based on EU sanctions—constituted a tortious act under […]
Category: Maritime Industrie
Finally: The DEHSt calls Shipping Companies to open their Maritime Operator Holding Accounts
The 3 June 2024 marks a big step in the implementation of the EU ETS for shipping in Germany. Maritime Operator Holding Accounts (MOHA’s) in the German Section of the Union Registry can finally be opened! This comes long after the envisioned deadline of 40 days within the publication of “the list” of Shipping Companies […]
What keeps the shipping sector up at night: The EU ETS and MRV reform
Photo by Venti Views on Unsplash As of 1. January 2024 the Directive (EU) 2023/959 of the European Parliament and of the Council of 10. May 2023 came into effect, thereby extending the EU Emissions Trading System (EU ETS) to the maritime sector. While EU law dictates that a Directive such as this needs to […]