Archive

The Chartered Institute of Arbitrators (CIArb) recently published its new “Guideline on Third-Party Funding in Arbitration” (Guidelines), which are designed to provide some clarity as to best practice in respect of the growing use of third-party funding in international arbitration. What is third party funding? For those unfamiliar with the concept, third-party funding (TPF) in international arbitration is where claimants’ arbitrations are funded by a […]

The IUMI Stats Report 2025 is an analysis of the global marine insurance market for 2024. This annual document reports on the state of the marine insurance sector within the framework of the global economy, trade and shipping. Data is gathered from a number of agencies including IUMI’s own sources and is analysed and presented with some additional commentary. Highlights from this year’s report includes: […]

On 3 November 2025, the UK Department of Business and Trade (DBT) and the UK Office of Trade Sanctions Implementation (OTSI) published guidance for the freight and shipping sector aimed at helping the sector to better understand the circumvention practices used by Russia to evade sanctions. The guidance is intended to be for freight forwarders, carriers, hauliers, customs intermediaries, postal and express operators, and other […]

(www.MaritimeCyprus.com) The International Transport Workers’ Federation (ITF) released a multi-year study showing 91 nations have cabotage laws on their books. The report – called Cabotage Laws of the World – comes from the Seafarers’ Rights International (SRI). It provides the first comprehensive, independent analysis of worldwide maritime cabotage laws since the early 1990s. (SRI Executive Director Deirdre Fitzpatrick addressed the MTD Executive Board in March on this […]

We live in an ever-changing world today. In the last 50 years, we have gone from the BC (Before Containers) era to the container age, and even within this era, regulations and standards continue to evolve. Ships have grown from carrying 1,500 containers to more than 24,000+ TEUs. During the BC days, it would take a ship up to 14 days to discharge and load […]

A question was recently raised on Shipping and Freight Resource by an NVOCC agent in Port Sudan: “We have a very critical case at our end in Port Sudan. The consignee has presented the original Bill of Lading to us, but the ship carrying his container sank in the Indian Ocean due to bad weather and did not arrive. What advice would have benefited the […]

Read expert opinion on industry developments with Waypoints magazine. In Transit: Navigating the Dynamic World of Cargo As cargo volumes grow and global trade routes shift, the landscape of cargo operations continues to evolve – bringing with it new challenges, complexities and claims. In this 8th edition of Waypoints, we place cargo and cargo claims at the centre of our focus, exploring not only the […]

Baku, Azerbaijan (Ports Europe) July 21, 2025 – Megalomaniac, absurd, or visionary — many terms could describe a proposal to build a tunnel linking the shrinking Caspian Sea to the Black Sea. The idea originates from Azerbaijan’s small Caspian port of Zira, located 45 km east of Baku, and the country’s ADO-G Group of Companies, a supplier of oil and mining equipment. The official statement […]

Constanta, Romania (Ports Europe) July 29, 2025 – Romania’s Black Sea port of Constanta is positioning itself as the main commercial hub of the Black Sea, with investments of almost 2 billion euro (1.93 billion), the country’s Transport Minister Ciprian Serban said. “The Port of Constanta is a strategic hub for Romania and Europe, and the ongoing or preparatory projects will strengthen its role,” Serban […]

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’ […]