Archive

Following extensive and ongoing discussion of the Scott v Avery provision that is included in the FOSFA Arbitration Clause, the FOSFA Council has approved a recommendation from the FOSFA Arbitration and Appeals Committee to amend the clause so that it will allow parties to seek security while progressing substantive issues of a dispute under FOSFA Arbitration. The amendment will be effective across all FOSFA Contracts […]

The Monitoring Group of BlackSeaNewsand the Black Sea Institute of Strategic Studies   The analysis has been made based on the database of legal entities subject to sanctions in connection with Russian aggression against Ukraine, maintained by the Monitoring Group of the Black Sea Institute of Strategic Studies since the beginning of Russian aggression. The database contains legal entities subject to sanctions imposed by: The database is constantly updated. […]

This report is authored and published as part of Global Rights Compliance’s (GRC) Starvation Mobile Justice Team. The Starvation Mobile Justice Team is part of the UK, EU and US-sponsored Atrocity Crimes Advisory Group (ACA) which was launched in response to the need of the OPG to increase capacity to investigate and prosecute atrocity crimes perpetrated since the invasion by Russian Forces of Ukraine. Other […]

Russia’s withdrawal from the Initiative on the Safe Transportation of Grain and Foodstuffs from Ukrainian Ports in July 2023 (Beacon on the Black Sea, n.d.) created significant security threats to the Black Sea shipping regime. The belligerents even issued nearly mirrored coastal warnings (Ministry of Defence of the Russian Federation, 2023; Ministry of Defence of Ukraine, 2023) that included a) claims that all vessels in […]

BSI Advice Note For all companies that use standard Trade Association contract forms, such as GAFTA & FOSFA, and therefore agree to be bound by English Law and jurisdiction please be aware of the fact that English Law now permits and accepts Electronic Trade Documents. Simply put, this means that elect trade documents now have the same legal status as “paper” documents. The E-Bill of […]

What alternatives can be applied to unblock shipping to Ukrainian Black Sea ports? Once again, russia is resorting to manipulation and blackmail, threatening to withdraw from the grain agreement. Since June 26, the Russian Federation has stopped registering new fleets entering Ukrainian sea ports, while 29 vessel supposed to export 1.4 million metric tons of food to Asia and Africa got stuck in Turkish territorial […]

In this guide we focus on cargo claims in relation to grains and soya beans. To be included in the statistics the claims must have generated a cost of at least USD 5,000 and have been made between 2018 and 2022. The Club has reviewed around 200 bulk carrier claims and carried out analysis on the statistics. Read the full Bulker Focus here

Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russia on Monday quit a U.N.-backed deal that allows the export of grain through a wartime Black Sea safe corridor, industry sources said. The agreement, brokered by Turkey last July, aimed to alleviate a global food crisis by allowing Ukrainian grain blocked by Russia’s February 2022 invasion of its […]

The Black Sea Grain Initiative that allowed grain products to be shipped from Ukrainian Black Sea ports has now ended. Our article focuses on what that means for owners’ and charterers’ contractual obligations.  There have been many developments since we last updated our article on the impact on contractual obligations of the war in Ukraine. The key developments include:    For a more comprehensive list of developments see our update here.   In this […]