UK Defence Club Soundings: Venezuelan Sanctions Update
The US Government’s sanctions against Venezuela and, specifically, PdVSA, have been a significant focus of discussion since their implementation earlier this year. In this article, we provide an update on the situation and some clarity in relation to the application of the sanctions and how they may impact Members.
The recent High Court judgment in the MV Arctic highlights the importance of maintaining class at all times under a bareboat charter. Read more in UK Defence Club's April Sounding
The London Maritime Arbitrators Association (‘LMAA’) has recently published a ‘LMAA Arbitration Clause’ and a ‘LMAA Arbitration Notice Clause’. Given the potential importance of issues relating to jurisdiction, these are worth considering.
In this edition of UK Defence Club's “Sulphur Series”, the Club looks in more detail at the practical steps that will need to be taken in order to prepare ships without scrubbers for the switchover to low sulphur fuel on 1st January, 2020. The Club also considers how the allocation of responsibilities and costs related to such steps might be dealt with contractually.
