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OFSI guidance tightens UK sanctions on maritime trade
Posted: 04/08/2020
On 28 July 2020, the UK was the first jurisdiction to follow the path paved by the USA in delivering comprehensive guidance in respect of sanctions in maritime trade. In issuing the guidance, the Office of Financial Sanctions Implementation is targeting all companies, banks, and individuals that are involved in maritime trade...…>>
Charterparty agreement by email – is the arbitration clause void under Dutch law?
Posted: 17/06/2020
Much concern was caused by the story in Lloyd’s List, which began “Email confirmation of charterparty agreements – now standard practice in shipping – renders the arbitration clause void in the Netherlands, the Dutch Supreme Court has ruled”. On the face of it, this has the potential to cause great uncertainty for all parties contracting with Dutch companies...…>>
Penningtons Manches Cooper acts on financing and delivery of Eimskip’s largest container vessel
Posted: 05/05/2020
Leading Icelandic transportation and logistics company Eimskip has taken delivery of Dettifoss, the first of two new 2,150 TEU container vessels built in China and now the largest vessel in the company’s fleet......>>
Double triumph at the High Court for Penningtons Manches Cooper’s shipping practice
Posted: 31/01/2020
The shipping practice at leading law firm Penningtons Manches Cooper has succeeded in both winning and successfully defending arbitration appeals at the High Court this week. Judgment was handed down this morning in The Tai Prize [2020] EWHC 127 (Comm)......>>
Penningtons Manches Cooper successfully defends master and owner of Thames tug Chiefton eight years after its sinking
Posted: 02/12/2019
Richard Morris and Catriona Boyd, specialist marine lawyers at Penningtons Manches Cooper, have successfully defended a prosecution brought by the Maritime and Coastguard Agency (MCA) against the master of the Chiefton tug and its owners, Palmers Marine Services......>>

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Coronavirus and shipping: what to expect - March 2020
Although we all have health concerns arising from the Covid-19 virus, we must also gauge how to react in a business setting and be prepared to deal with the crisis now and going forward. At Penningtons Manches Cooper, we think that past financial crises offer warnings and some guidance to the shipping sector.

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