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Helen Drayton becomes Penningtons Manches Cooper’s new CEO
Posted: 30/09/2022
Helen Drayton will officially take on the role of CEO at Penningtons Manches Cooper from tomorrow (1 October). Her appointment, which was first announced at the end of April, marks the end of a six month transition period which has seen her work hand in hand with former CEO David Raine as she prepares to lead the continued development......>>
Penningtons Manches Cooper announces leadership succession plan
Posted: 28/04/2022
Top 50 law firm Penningtons Manches Cooper has announced that its CEO David Raine is to step down in October this year and will be succeeded by Helen Drayton, head of the business services division and a current member of the firm’s managing board......>>
How to play it safe in an unsafe port: guidance for charterers and owners
Posted: 17/09/2021
Many standard form charterparties often contain an express warranty to ensure the port’s safety on the part of the charterer. Even in circumstances where such a warranty is not expressly provided, there is still the possibility that one could be implied......>>
Maritime casualty response and investigation in the digital era
Posted: 02/11/2020
Maritime casualties can be resource intensive and time-consuming in their immediate management, as well as in the resulting liabilities that can take months or years to resolve......>>
Marine insurance and items ranking towards CTL calculations: The Renos and Brillante Virtuoso revisited
Posted: 30/09/2020
Following the landmark decision of the Supreme Court in The Renos (in which Penningtons Manches Cooper represented the H&M underwriters) and the Commercial Court decision in The Brillante Virtuoso, the law surrounding the constructive total loss (CTL) of vessels has undergone close scrutiny......>>
Bunker disputes: common pitfalls and guidance
Posted: 07/09/2020
The significance of bunkers in shipping is unquestionable. After the crew, they are the single item without which a vessel would remain idle and they give rise to a wide range of disputes from off-hire claims to catastrophic engine failures......>>
Owners’ risk of charterers’ default in uncertain times: withdrawal/termination and insolvency
Posted: 20/07/2020
A wealth of guidance - including from Penningtons Manches Cooper - has been published about the effect and business interruption aspects of Covid-19......>>
Is a tanker vessel used as a floating storage problematic?
Posted: 06/07/2020
On 4 June 2020, market sources reported that spot rates in LR product tankers had fallen sharply due to lower naphtha flows and reduced floating storage demands over tonnage oversupply. This followed a period during which VLCC rates have reportedly been pushed from averages closer to $100,000 to more than $300,000 a day...…>>
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