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‘Particulars furnished by shipper’ – what obligation is there on carriers to prevent container fraud?
Posted: 28/10/2024
A recent decision of the Commercial Court in Stournaras Stylianos Monoprosopi EPE v Maersk A/S [2024] EWHC 2494 (Comm) concerned a fraudulent sale in which 22 containers alleged to contain scrap copper wire in fact contained worthless concrete blocks. A quarter of a billion containers are shipped around the globe annually. Container......>>
Price Cap Coalition: updated advisory for maritime industry aims to prevent sanctions evasion
Posted: 25/10/2024
The Price Cap Coalition, which comprises the G7, EU, Australia and New Zealand, has updated its advisory for both government and private sector stakeholders in the maritime industry, setting out best practice recommendations to tackle sanctions evasion......>>
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......>>
General election 2024: what does it mean for international trade?
Posted: 20/06/2024
The biggest issue currently facing international trade is sanctions, against a turbulent geopolitical background. Our work advising banks that provide trade finance internationally on this area continues to increase, even though sanctions will be impacted far more by the U.S. election than the UK General Election. While there is little in the manifestos......>>
Enforcement of judgments from the United Kingdom in civil and commercial matters in Greece
Posted: 10/05/2024
Prior to the departure of the United Kingdom from the European Union (Brexit), the enforcement of UK judgments in Greece was exclusively governed by the so-called ‘European Regime’ provided for in Regulation (EU) No 1215/2012 (known as the ‘Recast Brussels Regulation’). The regulation, which started to apply to EU member states on......>>

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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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