United Kingdom: Marine/ Shipping

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Article
Supply Chain Market Update: Rates Hold High As Trucking And Air Stay Tight While Ocean Shows Early Signs Of Stabilizing
Transportation rates remain elevated across all major modes as capacity constraints persist in trucking and air freight, while ocean markets show early signs of stabilization following inventory front-loading activity. Despite some moderation from peak levels, rates across global shipping, air cargo, and North American trucking continue to run significantly above prior-year benchmarks due to ongoing network disruptions and structural capacity limitations.
United Kingdom Transport
A
AlixPartners
Article
Strait Of Hormuz: Current Situation And Implications For Marine Insurance
The Strait of Hormuz has become a critical flashpoint for global maritime trade following the outbreak of hostilities involving Iran in 2026. With approximately one-fifth of global oil trade passing through this vital waterway, commercial shipping now operates under unprecedented security threats including missile attacks, drone strikes, and mine risks. Marine insurance premiums have skyrocketed from 0.125% to as high as 10% of vessel values, fundamentally altering the economics of Gulf trade and forcing th
United Kingdom Insurance
LA
Lester Aldridge LLP
Article
UK Vessel Registration: Benefits, Legal Protection and Commercial Advantages
UK vessel registration offers vessel owners far more than administrative compliance. From legal protection under English maritime law to international recognition and access to marine finance, Part I Registration on the UK Ship Register provides significant commercial and operational advantages for both private and commercial vessel owners navigating global waters.
United Kingdom Transport
LA
Lester Aldridge LLP
Article
UK Supreme Court Confirms Buyers’ Loss-of-bargain Damages Under The 2012 Norwegian Saleform
The UK Supreme Court has ruled on whether buyers can recover loss of bargain damages when cancelling a ship sale contract under the 2012 Norwegian Saleform due to a seller's late delivery caused by proven negligence. The decision clarifies the scope of compensation available under clause 14 when sellers miss the cancelling date, potentially exposing sellers to significant market-difference damages in rising markets.
United Kingdom Transport
B
Bech-Bruun
Article
Sanctions And Risk Avoidance Clauses In The Court Of Appeal - Emmet Coldrick
The Court of Appeal examined whether shipowners were entitled to refuse loading Russian oil cargo based on sanctions risk concerns, involving a shipper associated with an EU-sanctioned individual. The case provides important guidance on interpreting risk avoidance clauses in commercial contracts, particularly where sanctions compliance creates operational uncertainty.
United Kingdom International
QC
Quadrant Chambers
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