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FuelEU – shipping takes another step in reducing greenhouse gas emissions
Posted: 05/09/2024
On 1 January 2025, the FuelEU Maritime Regulation (Regulation (EU) 2023/1805) shall come into force. The goal of this regulation is to reduce EU greenhouse gas emissions in the maritime sector and promote the use of renewable, low-carbon fuels, and clean energy technologies for ships. The regulation applies to all ships calling at EU ports......>>
The F1 – inevitable characteristics of cargo formed by blending are not an insured fortuity
Posted: 15/08/2024
In its recent decision in MOK Petro Energy FZC v Argo (No.604) Limited, The F1 [2024] EWHC 1935 (Comm), the High Court examined whether an inherent feature of a blended gasoline cargo could constitute physical damage for the purposes of a particular average insurance claim under the ICC (‘Institute Cargo Clauses’) (A). The claimant, MOK......>>
The EU’s 14th package of sanctions – what has changed?
Posted: 10/07/2024
On 24 June 2024, members of the European Union agreed to issue a 14th package of sanctions against Russia. This is in tandem with recent updates from the UK and US earlier in the month. The 14th package amends Council Regulation (EU) number 269/2014 by introducing new restrictive measures on an additional 69 individuals and 47 entities......>>
SHIPMAN 2024 has arrived
Posted: 04/07/2024
Following a two-year review process involving shipowners, managers, P&I clubs, and insurance and legal experts, the latest revision of BIMCO’s go-to contract for ship management, SHIPMAN 2024, is here. Earlier revisions of SHIPMAN released in 1998 and 2009 remain in regular use, but have increasingly necessitated parties incorporating a......>>
Master Mariner joins Penningtons Manches Cooper’s shipping team
Posted: 19/06/2024
The shipping practice at top 50 law firm Penningtons Manches Cooper has hired lawyer and master mariner Captain Joe Riley as a managing associate in its London office. Joe’s practice spans both ‘wet’ and ‘dry’ shipping matters including, collisions; salvage; and general average; as well as unsafe port claims; speed and performance disputes......>>

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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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