Both the EU and the US have recently tightened their existing sanctions against Iran. In particular, the EU has prohibited Member States from dealing with Iranian crude oil and petroleum products with effect from 1 July 2012. In this Update, we consider some of the issues the shipping industry might face if Iran were to close the Strait.
Stephen Askins (pictured) reviews the new Open General Trade Control License (Maritime Anti Piracy) - ("OGTCL") aimed specifically at those providing armed guards on board ships and the simplification of the UK regulatory system.
Polestar Maritime Ltd v. YHM Shipping Co. Ltd & Anr (Rewa)  EWCA Civ 153
UK & Ireland training programme initiative for insurance buyers
Ince & Co is delighted that London partner Simon Cooper is this year’s winner of the Insurance/Reinsurance category for the UK.
Date: Thursday 24 April, 2014
Location: Hilton Green Park Hotel, London
Ince & Co partner Simon Cooper will be speaking on “What’s new from the courts: latest developments affecting reinsurance”, partner Carol Searle “War risk, terrorism and political violence: wording issues” and partner Ben Ogden will be speaking on “Being prepared for reinsurance disputes: wordings and their role in dispute resolution”.
Date: Tuesday 29 - Wednesday 30 April, 2014
Location: The Pullman, Dubai
Ince & Co partner Rania Tadros will be chairing the two day course and speaking on “Early termination for cause”. Partner, Brian Boahene and solicitor’s Anna Fomina and Pavlo Samothrakis will be speaking at the course on “Choice of law and the implications on operations and disputes”, “Insurance issues and the allocation of risk” and “Supplytime 2005 Contract Form: Identifying the pitfalls and problem areas and exploring how best to manage them”.
Date: Tuesday 29 April, 2014
Location: The Jumeirah Beach Hotel, Dubai
We are delighted to be sponsoring and participating in BIMCO’s annual conference, Perspectives in Shipping 2014 - Protecting and Developing Your Business, which takes place in Dubai on 29 April. The conference will focus on current issues impacting all shipowners, to help them to protect and develop their business.
Date: Thursday 15 - Friday 16 May, 2014
Location: Hilton London Tower Bridge
London partner Carol Searle will be speaking on day one of the conference on “Choice of law clauses” , which will provide delegates with an understanding on the rules applicable to choice of law clauses and will cover the new Rome 1 Convention, incorporation of choice of law from insurance to reinsurance, the “floating” choice of law clauses and choice of law in arbitration. Partner Ben Ogden will be speaking on day two of the conference on “Dispute clauses” which will explore the options between court and arbitration, speed and cost, expert knowledge, third parties, enforcement, ADR clauses and the Arbitration Act 1996.
Date: Wednesday 11 - Friday 13 June, 2014
Location: Dexter House, London
Ince & Co partners Chris Kidd, Jonathan Elvey and Stephen Marais will be speaking at the seminar on “Arrangements for the provision of refund guarantees” and “The new role of leasing in shipping finance”. Jonathan Elvey will be hosting a workshop on “Negotiating a second-hand contract”.