Maritime Wirtschaft

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Aktuelle eAlerts

  •  
    10.03.2023
    International

    En­er­gy / Ship­ping – Ef­fect of An­ti-as­si­gn­ment Clau­ses and Trans­fers to In­su­rers

    The recent decision of the Commercial Court in Dassault Aviation SA v Mitsui Sumitomo Insurance Co Ltd [2022] EWHC 3287 (Comm) concerned a contractual prohibition against assignment and whether this applied to an assignment of rights to an insurer under the assignor’s insurance policy. The decision raises questions on the effect of prohibitions against assignment generally, the concept of involuntary assignments (including assignments by operation of law), and the impact of anti-assignment clauses on a transfer of rights to an insurer.FactsDassault Aviation SA (“Dassault”) and...
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  •  
    19.01.2023
    Scotland

    The Scot­tish Go­vern­ment Draft Long-Term Plan for Ves­sels and Ports - Con­sul­ta­ti­on

    The Scottish Government has published a draft Long-Term plan for vessels and ports on the Clyde & Hebrides (CHFS) and Northern Isles (NIFS) networks (2023 – 2045). This is the first element of its Islands Connectivity Plan (ICP) which is proposed to replace the Scottish Ferries Plan (which has set out the framework for Scotland’s ferry services since 2013). The draft Plan provides details about the Scottish Government’s objectives for the CHFS and NIFS networks. The draft Plan has been developed in line with the objectives of the Scottish Government’s Infrastructure...
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  •  
    15.11.2022
    England and Wales

    Oil, gas and com­mo­di­ties: Force ma­jeu­re

    In MUR Shipping BV v RTI Ltd [2022] EWCA Civ 1406 the Court of Appeal overturned the Commercial Court’s judgment and found that a ‘reasonable endeavours’ obligation in a force majeure clause could require a party to overcome a state of affairs which would otherwise constitute a force majeure event by accepting alternative, or non-contractual, performance. Facts CMS have published an article on the Commercial Court’s judgment, appealed in this case, in its Annual Review of Developments in English Oil and Gas Law 2022 (available here) which sets out the facts of the underlying...
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  •  
    10.08.2022
    International

    En­er­gy – pu­ni­ti­ve in­te­rest whe­re the­re is “Si­gni­fi­cant Con­nec­tion with Eng­land”

    Summary The Late Payment of Commercial Debts (Interest) Act 1998 implies a term in English law contracts for the supply of goods and/or services in the event of late payment by the purchaser. This ‘statutory interest’ is currently set at 8% above the Bank of England Base Rate and will apply where there is a “significant connection” between the contract and England. In Vitol SA v Genser Energy Ghana Ltd [2022] EWHC 1812 (Comm), the Commercial Court held that a propane sales contract had a “significant connection” with England, where the payments were made in...
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  •  
    08.07.2022
    England and Wales, Spain

    CJEU gi­ves pre­ce­dence to Spa­nish court judgment over English Com­mer­ci­al Court judgment en­for­cing ar­bi­tral award

    On 20 June 2022, the Court of Justice of the European Union (“CJEU”) delivered a “preliminary ruling”[1] that an English Commercial Court judgment[2] enforcing an arbitral award (the “English judgment”) could preclude the recognition of a Spanish court judgment between the same parties and in relation to the same subject matter (the “Spanish judgment”). The preliminary ruling was decided by reference to the Brussels Regulation 2001 (the “Regulation”). However, the CJEU recognised an exception, namely, that if the English arbitral judgment...
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  •  
    21.06.2022
    EU

    Le Tri­bu­nal de l’UE con­fir­me la ré­cup­é­ra­ti­on de l’ai­de en fa­veur de Tir­re­nia di na­vi­ga­zio­ne

    GB FR
    Le 18 mai 2022, le Tribunal de l’UE a confirmé la légalité de la décision de la Commission européenne du 2 mars 2020 concernant la récupération des aides illégales et incompatibles octroyées par l’Italie à l’ancien groupe Tirrenia di navigazione SpA, pour l’une de ses filiales, Adriatica, entre 1992 et 1994. Cet arrêt apporte des clarifications utiles sur la prescription en matière d’aides d’Etat, la distinction entre aides nouvelles et aides existantes ainsi que sur la compatibilité...
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