Archive

The President of Russia confirms that vessels calling from foreign ports will need to obtain prior approval from the Federal Security Service. 25 July 2025 Correspondent AXIS Maritime brings us this update. In accordance with the Decree No. 502 dated 21.07.2025 by the President of the Russian Federation, the Harbour Masters of all Russian ports must notify the Federal Security Services (FSB) about the vessels’ […]

The new Arbitration Act 2025 (“the Act”) will come into force in full on 1 August 2025, introducing key reforms to the arbitration framework in England, Wales and Northern Ireland. It modernises the Arbitration Act 1996, enhancing clarity and reinforcing the UK’s status as a global arbitration hub. Key reforms under the Act Largely based on the Law Commission’s 2023 recommendations, the Act aims to solidify London’s competitive […]

What are damages and how are they calculated? This article considers the relevant principles under English law and looks at key shipping issues and case law. What are damages? Damages are the monetary compensation awarded to the innocent party following a breach of contract by the other party. In contract, the aim of damages is to put the innocent party in the position they would […]