OFSI: 2023-24 Year in Review – What have we learnt?

The Annual Review provides a snapshot of OFSI’s operations over the past year, highlighting the impact of financial sanctions and seeking to demonstrate OFSI’s efforts to encourage compliance. Overall, the Annual Review seeks to ensure transparency and clarity in the regulatory environment, and support the growth of legitimate businesses, while illustrating OFSI’s enforcement of sanctions against those who are in contravention.

We set out in this briefing an overview of the key findings from the...

https://allaboutshipping.co.uk/2025/05/01/ofsi-2023-24-year-in-review-what-have-we-learnt/

LSLC and YMP’s Seminar on Sanctions and Tariffs

The panel

What an interesting and timely seminar that was at Clyde & Co’s spacious offices at the heart of the Square Mile on the latest developments and impact on Shipping and Trade of the current Sanctions and Tariffs earlier tonight. Over 100 delegates attended and many more from / via TEAMS.

The panel discussed issues on:

– How sanctions and tariffs are affecting the shipping and trade industry.

– Latest developments with sanctions and tariffs

– The interaction with force majeure clauses

–...

https://allaboutshipping.co.uk/2025/04/30/lslc-and-ymps-seminar-on-sanctions-and-tariffs/

WFW promotes five to partnership for 2025

30 April 2025 – Watson Farley & Williams (“WFW”) has promoted five lawyers to the firm’s partnership for 2025. They are:

Kunadha Gajaseni – Dispute Resolution, Bangkok

Kunadha focusses on international commercial arbitrations with particular expertise in matters involving construction and the energy sector. He regularly advises multi-nationals, state-linked entities and government agencies on commercial disputes resolution and contract negotiations. He is dual-qualified in Thailand and England &...

https://allaboutshipping.co.uk/2025/04/30/wfw-promotes-five-to-partnership-for-2025/

New World order: Navigating Geopolitics with English Law

30 APRIL 2025 09:00-10:15 BST
Register for the webinar:
NEW WORLD ORDER: NAVIGATING GEOPOLITICS WITH ENGLISH LAW
Join us for the webinar entitled ‘New world order: Navigating Geopolitics with English Law’ on Wednesday 30 April at 9am (UK time).

Geopolitical tensions, shifting tariffs, and trade restrictions are creating real uncertainty for the shipping industry. In this environment, English law provides a stable, trusted framework for resolving disputes and managing risk in contracts....

https://allaboutshipping.co.uk/2025/04/29/new-world-order-navigating-geopolitics-with-english-law/

Commentary on IMO’s Net-Zero Framework & LNG-fuelled vessels

Nick Austin, partner in Reed Smith’s Transportation Industry Group, said:

As the IMO releases details of how its Net-Zero Framework will operate in its first monitoring year in 2028, it is clear that the devil will be in the detail. Whilst superficially resembling the EU’s focus on well-to-wake GHG intensity in its FuelEU Maritime regulation, the IMO’s approach will be more complicated. It would introduce two tiers of compliance and differential pricing of “remedial units” to ensure vessel...

https://allaboutshipping.co.uk/2025/04/25/commentary-on-imos-net-zero-framework-lng-fuelled-vessels/