Reed Smith

Reed Smith urges caution with e-bills of lading

Law firm Reed Smith has said that the rapid development of automated systems and digital technology will be a paradigm shift, but that digital standards remain a significant hurdle for the industry to negotiate as the momentum towards the technological future gathers pace.

Nick Austin, a shipping partner in Reed Smith’s Transportation Industry Group, based in the company’s London office, argues that while e-bills of lading (eBL), autonomous vessels and blockchain are all emerging as drivers for...

https://container-news.com/reed-smith-urges-caution-with-e-bills-of-lading/

Continued pressure on Belarus by the United States as key Belarusian companies once again become the target of comprehensive sanctions

Continued pressure on Belarus by the United States as key Belarusian companies once again become the target of comprehensive sanctions

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At a Glance…

On April 19, 2021, the Department of Treasury, Office of Foreign Assets Control (OFAC) revoked Belarus General License 2G and issued Belarus General License 2H (GL 2H), “Authorizing the Wind Down of Transactions Involving Certain Blocked Entities,” restoring sanctions against nine Belarusian companies. The nine companies that are the...

https://allaboutshipping.co.uk/2021/04/21/continued-pressure-on-belarus-by-the-united-states-as-key-belarusian-companies-once-again-become-the-target-of-comprehensive-sanctions/

Statement on the knock-on effect of the Ever Given incident

Statement on the knock-on effect of the Ever Given incident

Nick Austin

Viewers can read the quote below highlighting the knock-on effect of the Suez Canal being blocked.

Nick Austin, shipping partner at global law firm Reed Smith, said:

“With the Ever Given now freed from its temporary resting place, and the backlog of ships starting to clear, attention inevitably turns to counting the cost. Quite apart from fines or compensation claimed by the Egyptian government, dozens of vessels delayed by the...

https://allaboutshipping.co.uk/2021/04/01/statement-on-the-knock-on-effect-of-the-ever-given-incident/

American Club Member Alert (June 4, 2020) Re- Use of Tankers as floating storage – legal issues

American Club Member Alert (June 4, 2020) Re- Use of Tankers as floating storage – legal issues

JUNE 4, 2020
In light of current uncertainties in the oil markets, many shipowners have opted to deploy their vessels as floating storage units.
Law firm Reed Smith has recently issued a guidance document, Use of Tankers as Floating Storage-Arising Legal Issues highlighting a range of risk considerations for shipowners using tankers for floating storage.
Your Managers recommend that Members take note...

https://www.allaboutshipping.co.uk/2020/06/04/american-club-member-alert-june-4-2020-re-use-of-tankers-as-floating-storage-legal-issues/

Reed Smith Transportation Industry Group quarterly updates and articles – Q3

From Reed Smith Shipping

Reed Smith Transportation Industry Group quarterly updates and articles – Q3

This is our Reed Smith Shipping newsletter bringing together our thought leadership for each quarter. Below is a collection of our articles, blogs and webinars from July – September 2019. If any of your colleagues would like to receive our newsletter please email [email protected].

http://www.allaboutshipping.co.uk/2019/10/15/reed-smith-transportation-industry-group-quarterly-updates-and-articles-q3/

Reed Smith enhances global Transportation Industry Group with new shipping partners in London and Hong Kong

Nick Austin

Reed Smith enhances global Transportation Industry Group with new shipping partners in London and Hong Kong

In a move that reflects the firm’s continued commitment to the shipping industry, global law firm Reed Smith today announced that disputes lawyers Nick Austin and Peter Glover will be joining the firm in October as partners in its Transportation Industry Group.

Nick, who joins the London office from Clyde & Co, specialises in shipping and international trading disputes in the...

http://www.allaboutshipping.co.uk/2019/09/24/reed-smith-enhances-global-transportation-industry-group-with-new-shipping-partners-in-london-and-hong-kong/

The Court of Appeal’s decision in Ark Shipping Co LLC v. Silverburn Shipping (IOM) Ltd, “ARCTIC

Sally-Ann Underhill

The Court of Appeal’s decision in Ark Shipping Co LLC v. Silverburn Shipping (IOM) Ltd, “ARCTIC

Ship Law Log
Comment and analysis by Reed Smith lawyers on the latest developments in the shipping industry

MV “ARCTIC” – Obligation to “keep vessel in class” is an innominate term
By Sally-Ann Underhill and Nicole Cheung on 18 July 2019

Posted in Case Law

Summary

The Court of Appeal’s decision in Ark Shipping Co LLC v. Silverburn Shipping (IOM) Ltd, “ARCTIC” [2019] EWCA Civ 1161,...

http://www.allaboutshipping.co.uk/2019/07/19/the-court-of-appeals-decision-in-ark-shipping-co-llc-v-silverburn-shipping-iom-ltd-arctic/

The greatest challenges facing the shipping industry

Andrew Taylor

The greatest challenges facing the shipping industry include flattening demand growth, industry consolidation forcing freight rates down and fuel emissions regulations – according to a survey conducted by Reed Smith

LONDON, 25 January, 2019 – In a survey conducted by global law firm Reed Smith in 2018, industry participants were asked: What is the greatest challenge facing the shipping industry in the next five years?

The findings have been published on www.reedsmith.com in a report...

http://www.allaboutshipping.co.uk/2019/01/25/the-greatest-challenges-facing-the-shipping-industry/

2020 Fuel Transition Clause for Time Charter Parties

Marcus Dodds, partner, London

At a Glance…

BIMCO has last week released its two eagerly awaited standard clauses (the ‘2020 Marine Fuel Sulphur Content Clause for Time Charter Parties’ and the ‘2020 Fuel Transition Clause for Time Charter Parties’).

Both are intended to address the International Maritime Organisation’s (“IMO”) revised sulphur content limits with regards the consumption and carriage of marine fuel (per Regulation 14 of Annex VI of the International Convention for the Prevention of...

http://www.allaboutshipping.co.uk/2018/12/21/2020-fuel-transition-clause-for-time-charter-parties/

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