In its recent judgment in "SK Shipping (S) Pte Limited v. Petroexport Limited" (24 November 2009) the Commercial Court considered the circumstances in which there may be an anticipatory repudiatory breach of a contract and whether silence can ever amount to such a breach.

Port operators who have received increasing requests from users for extended credit lines (informally or formally) are exposing themselves to greater credit risks by retaining customers and market share in very competitive markets - when they might not otherwise have done so.

In the recent case of TNB Fuel Services Sdn Bhd v China National Coal Group Corporation, the Hong Kong Court of First Instance has rejected an attempt by a PRC state-owned enterprise...

The Court of Final Appeal (the highest court in Hong Kong) recently handed down an important decision on claims concerning misdelivery of cargo in Carewins Development (China) Limited v Bright Fortune Shipping Limited (FACV No.13 of 2008, 12 May 2009).

The Pre-Pack Administration, after some difficult formative years, appears to have emerged as a legitimate restructuring tool.

Letters of credit (LCs) are very widely used as a secure means of financing international trade. In the last year, there have been several English court judgments about the role and responsibilities...

The Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea, or the Rotterdam Rules as it is more commonly known (the "Convention"), promises not only to transform the legal environment for shippers and carriers but also to subject terminal operators to an onerous compulsory liability regime.

The last six months have been an extraordinary period of time in the financial sector as lenders' relationships with many of their customers have become increasingly strained as the cost of credit (across almost all sectors) increased, providing that credit was even available.

With the global credit crunch and the ensuing contraction in international trade, many container terminal operators are seeing a dramatic decline in volume and revenue figures.

With the global credit crunch and the ensuing contraction in international trade, many container terminal operators are seeing a dramatic decline in volume and revenue figures.

This briefing focuses on the fraudulent redirecting of invoice payments, Mandate Fraud, and covers what it is, how to respond and how it may be combated.

The challenge is by now familiar: the UK is set to leave the EU in March 2019 and the nature and impact of Brexit still remains unclear.

Every downturn brings in its wake a series of restructuring cases, when the mistakes made during the previous boom are called to account and hard lessons learnt.

In its recent decision in Glencore Energy UK Limited v Transworld Oil Limited (3 February 2010), the High Court in London considered circumstances where a FOB contract was said to remain open for performance despite product not being delivered within the contractual delivery window.

Recent changes to the Brazilian tax rules have significant implications for reinsurers which have established representative offices in Brazil.

This article examines the wide-ranging powers of the English court (outside of the 1986 Act) to assist IPs seeking to trace and secure assets.

In the current economic climate many port users are in survival mode which is putting extreme pressure on operators of ports and terminals to compete on price and service obligations.

The latest news from Holman Fenwick Willan relating to Shipping & Logistics.

The UK's Financial Conduct Authority and Prudential Regulation Authority have unveiled Stage 1 of a new tailored regulatory framework for insurance captives, designed to be proportionate, competitive, and reflective of captives' lower risk profiles. With consultations closing in October 2026 and implementation targeted for mid-2027, the regime promises streamlined authorisation, bespoke capital requirements, and simplified supervision—but will it be enough to compete with established offshore jurisdic

The Court in Dainford Navigation Inc v PDVSA Petroleo SA1 considered an application pursuant to section 44 of the Arbitration Act 1996 (the Act) for the sale of a crude oil cargo onboard...