News and Publications?height=270

News & publications

Related news & insights - Akshay Misra

EU’s 19th sanctions package against Russia – maritime and energy focus
Posted: 19/11/2025
The European Union’s 19th sanctions package against Russia, adopted on 23 October 2025, represents a significant escalation in its efforts to disrupt Russia’s ability to finance and sustain its war against Ukraine. This package introduces targeted restrictions across energy, finance, trade, and services, with a particular emphasis on maritime......>>
EuroChem v Societe Generale & Ors: a sanctions-driven barrier to payment enforcement
Posted: 27/10/2025
In a significant Commercial Court decision, LLC EuroChem North-West-2 and Eurochem Group AG brought proceedings against Societe Generale and ING Bank, seeking payment under six on-demand bonds issued in 2021–2022. These bonds, governed by English law, were intended to secure EuroChem’s obligations under construction contracts......>>
Supreme Court upholds sanctions in Shvidler and Dalston: a cautious affirmation of executive power
Posted: 15/08/2025
On 29 July 2025, the Supreme Court handed down its long-awaited decision in the joint appeals of Shvidler v Secretary of State for Foreign, Commonwealth and Development Affairs and Dalston Projects Ltd v Secretary of State for Transport [2025] UKSC 30......>>
Terminating a charterparty based on sanctions concerns: the devil really is in the detail
Posted: 06/08/2025
A recent Commercial Court decision in Tonzip Maritime Ltd v 2Rivers PTE Ltd [2025] EWHC 2036 (Comm) provides important guidance on the use of sanctions screening tools in commercial transactions and the legal threshold for terminating contracts on sanctions-related grounds. It was decided by the Commercial Court that the owner's......>>
EU’s 18th sanctions package: key impacts for trade, energy and shipping
Posted: 22/07/2025
On 18 July 2025, the European Union adopted its 18th package of sanctions against Russia, representing one of the EU’s most comprehensive sanctions packages since the outset of the war in Ukraine. It represents a sharp escalation in legal, reputational and compliance risks for the shipping, trade and energy sectors. This package targets......>>
Strait of Hormuz: Navigating risks amidst a fragile ceasefire
Posted: 30/06/2025
At the time of writing, a fragile ceasefire appears to be holding between Israel and Iran. However, the geopolitical situation remains volatile, and the potential for renewed hostilities continues to pose significant legal, commercial and operational risks for vessels transiting the Strait of Hormuz. This article outlines key risk considerations for......>>
What do the latest UK/EU sanctions against Russia mean for the shipping sector?
Posted: 04/06/2025
On 20 May 2025, the EU and the UK announced further sanctions against Russia. This marks the EU’s 17th package of restrictive measures in response to the ongoing war in Ukraine. The new measures continue to target critical points of Russia’s economic and military infrastructure, while tightening enforcement and addressing circumvention......>>
MSC Flaminia in the Supreme Court - charterers have limitation rights under the 1976 convention, even against the shipowner
Posted: 12/05/2025
The recent Supreme Court judgment in MSC Mediterranean Shipping Company SA v Conti 11 Container Schiffahrts-GmbH & Co KG MS [2025] UKSC 14 provides crucial clarification on the right to limit liability under the 1976 Convention on Limitation of Liability for Maritime Claims. On 14 July 2012, an explosion occurred on board......>>
Sanctions against Russia: UK/EU update
Posted: 05/03/2025
On 24 February 2025, the third anniversary of Russia’s invasion of Ukraine, both the EU and the UK adopted further sanctions on Russia. The EU Council adopted a 16th package of sanctions. The EU package targets Russia’s trade, energy, transport and infrastructure sectors, whilst the UK has broadened its existing measures to incorporate......>>
X-Press Pearl – Admiralty Court clarifies slot charterers’ right to limit
Posted: 07/02/2025
In SEA Consortium Pte Ltd v Bengal Tiger Line Pte Ltd (The X-Press Pearl) [2024] EWHC 3174 (Admlty), the English Admiralty Court has provided clarification on the scope of article 1(2) of the Convention on Limitation of Liability for Maritime Claims 1976 – which recognises shipowners as persons who may limit their liability to include......>>

1
2
3
4

Filter news & insights

Filter by keyword: Filter by expertise:

In this section

Media enquiries

Contact our press team on:

+44 (0)20 7457 3258
+44 (0)7887 888105 (out of hours)

Useful links

Value

Contact an office

London (Head office)
+44 (0)20 7457 3000
Basingstoke
+44 (0)1256 407100
Birmingham
+44 (0)121 312 2560
Cambridge
+44 (0)1223 465465
Guildford
+44 (0)1483 791800
Oxford
+44 (0)1865 722106
Reading
+44 (0)118 982 2640

Antibes
+33 6 07 78 22 03
Madrid
+34 91 781 6670
Paris
+33 1 44 34 24 80
Piraeus
+30 210 361 4840
Singapore
+65 6438 4497

Sectors

Services for Business

Services for Individuals

Copyright

© 2025 Penningtons Manches Cooper LLP.
All rights reserved.
Website design by Frontmedia / Dynamic Pear

Penningtons Manches Cooper LLP

Penningtons Manches Cooper LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority under number 419867.