In the maritime world, shipowners, charterers, as well as professional operators and managers of vessels can limit their liability under the 1976 London Convention on Limitation of Liability for Maritime Claims (“the Convention”). In the case at hand, The English Admiralty Court ruled that the Convention applies not only to professional managers and operators of […]

On May 14, 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) together with the U.S.Department of State and the U.S. Coast Guard issued “Sanctions Advisory for the MaritimeIndustry, Energy and Metals Sectors, and Related Communities” (the “Advisory”). The Advisory offers a global guidance across 10 sectors that touch the maritime […]