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Related news & insights - Grant Eldred

Penningtons Manches Cooper advises Marine Service Noord on contract for groundbreaking ammonia marine fuel supply system
Posted: 21/02/2025
Penningtons Manches Cooper’s shipping group has acted for Marine Service Noord (MSN), a maritime systems engineering company, on its contract with Fortescue, an Australian mining and green energy company operating globally, for the design, build, and delivery of the world’s first class-approved ammonia fuel and bunker system......>>
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......>>
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......>>
The Electronic Trade Documents Act 2023 – the future is now?
Posted: 20/09/2023
A significant milestone has today been reached in the UK’s journey to the digitalisation of trade with the entry into force of the Electronic Trade Documents Act 2023. With effect from Wednesday 20 September 2023, digital versions of international trade documents such as bills of lading will have the same legal recognition under English law......>>
Penningtons Manches Cooper ship finance team advises Condor Ferries on financing and purchase of passenger ferry
Posted: 05/06/2023
Penningtons Manches Cooper’s ship finance team has advised UK and Channel Islands based ferry operator Condor Ferries on the financing and purchase of the ro-ro passenger ferry m.v. ‘Condor Islander’ (formerly m.v. ‘Straitsman’). Partner Grant Eldred and associate Ellis van der Vos, with additional advice from partner......>>
Unicredit Bank AG v Euronav NV: is a charterparty bill of lading now worthless security?
Posted: 31/05/2023
The Court of Appeal addressed two key issues earlier this month in its decision in the Unicredit v Euronav appeal: (i) the status of a bill of lading in the hands of a voyage charterer after it has ceased to be the charterer under the terms of the charterparty; and (ii) the principles of causation to be applied where a cargo is released without presentation......>>
Digitalisation of international trade documents – when will the future cometh?
Posted: 06/03/2023
In many respects, commercial shipping is advancing technologically like any other industry. Artificial intelligence is helping with route optimization and safe decision-making. The manual inspection of equipment is being replaced with sensor technology and industrial robots are performing tasks ranging from packing to firefighting......>>

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