April 2017

Campbells expands to advise on Marshall Islands law and grows its asset finance team

Campbells is pleased to announce that Damien Magee has recently joined its Cayman Islands office.

Damien has considerable experience on shipping, yachting and off-shore matters and advises clients on asset acquisition and disposal, secured lending and transaction structuring, with particular emphasis on ship finance and vessel and yacht registration.

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ITIC urges shipbrokers to check internal communications systems

ITIC urges shipbrokers to check internal communications systems

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Menon Report 2017 Recognizes Vancouver for the First Time as an Attractive Global Maritime Hub.

Vancouver, Canada, April, 26, 2017.  On the occasion of Singapore Maritime Week and Sea Asia 2017, the Vancouver International Maritime Centre (VIMC) attends leading world shipping exhibition.
 

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Moore Stephens: Zulal cargo receivership successfully concluded

Moore Stephens recently acted as receiver in a dispute involving a cargo of 22,000 metric tons of Bulgarian wheat on board the bulk carrier Zulal.

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Moore Stephens: Shipping confidence holds steady

The average confidence level expressed by respondents to our Shipping Confidence Survey for the quarter ended February 2017 was unchanged at 5.6 out of 10.0. The likelihood of respondents making a major investment over the next year was 4.9 out of 10.0.
 

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Moore Stephens: Budget 2017 for shipping

The UK Budget 2017 contained no unwelcome surprises for the shipping industry, and some good news for the offshore maritime sector, including an extension to investment and cluster area allowances, and discussions for a tax regime that supports the transfer of late-life UK oil and gas assets.
 
View our full Budget 2017 coverage:

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Moore Stephens: Planning for new data protection laws

Organisations, including those in the shipping industry, will be subject to fines of up to 4% of global turnover or €20 million, whichever is greater, if they fail to comply with new EU data protection laws, effective May 2018.

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Moore Stephens: Shipping pools: don’t just dive in

Shipping pools can be an attractive option for ship owners and operators, particularly in difficult markets and during periods of economic uncertainty.

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Is Piracy on the Rise? 2017-003-Piracy-Indian Ocean, Gulf of Aden, Arabian Sea, Red Sea, and Gulf of Oman

4/25/2017 - From the U.S. Maritime Administration

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