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Shipping Supply Chain Vessels

K2 Integrity

[Webinar] Red Sea Shipping Crisis: Seven Months On - June 26th, 8:30 am ET

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Since mid-November 2023, the international shipping route through the Red Sea has been dramatically disrupted due to frequent attacks on vessels by Yemen’s Houthi movement. As the shipping lanes have developed into a conflict...more

The Volkov Law Group

Biden Administration Issues New Guidance for Freight Forwarders

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New guidance from the Biden Administration mandates that freight forwarders are responsible for complying with trade sanctions and export compliance. On December 11, 2023, the Biden Administration released a 10-page sanctions...more

Seward & Kissel LLP

Simply Speaking - May 2022: General Average

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Background - Almost a year to the day after the EVER GIVEN blocked the Suez Canal, making global headlines and focusing the general public’s attention on the world of shipping, bad news struck the EVER GIVEN’s parent...more

Benesch

Navigating the Perils of General Average

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Ocean transportation procurement teams and vessel owners alike would do well to pay close attention to the effects of recent notable maritime perils that have triggered claims for general average. The running aground of both...more

Benesch

Emerging Trends for Ocean Service Contract Bid Season

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Beneficial cargo owners have faced well-reported challenges in recent bid seasons. Two plus years of global pandemic unleashed supply and capacity interruption, carrier lane divergence, and an explosion in rates as well as...more

Husch Blackwell LLP

New LA-LB Port Fees Counterintuitive

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Less than two weeks after President Biden officially announced his agreement with the Port of Los Angeles to begin operating 24/7, the ports of LA and Long Beach have decided to implement a new fee for containers sitting at...more

Holland & Knight LLP

New Presidential Executive Order Targets Maritime Industry and Ocean Carriers

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Cargo congestion has reached historic proportions during the COVID-19 pandemic as the demand for imports by U.S. consumers and businesses has skyrocketed combined with an increase in operational disruptions. The effect has...more

Husch Blackwell LLP

Suez Canal Blockage Could Worsen Port Congestion And Impact Usage Of Panama Canal

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According to media reports, a massive 400-meter container ship operated by Evergreen Marine Corp. in Taiwan, the Ever Given, became stuck in the Suez Canal after apparently running aground due to high winds from a sandstorm....more

Vinson & Elkins LLP

The Poseidon Principles: Shipping Emissions Reduction Efforts Steer Into New Waters

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In June 2018, the International Maritime Organization (“IMO”) announced the adoption of an initial strategy to reduce total greenhouse gas (“GHG”) emissions attributable to the international shipping sector by at least 50% by...more

The Volkov Law Group

Treasury, State Department and Coast Guard Issue Advisory and Guidance on Maritime Industry Deceptive Shipping Practices

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In response to an increase in deceptive shipping practices, on May 14, 2020, the State Department, Treasury Department and the Coast Guard issued a warning to the maritime industry, and those involved in the energy and metals...more

Akin Gump Strauss Hauer & Feld LLP

U.S. Sanctions Compliance Guidance Released for the Global Maritime, Energy and Metals Sectors

- On May 14, 2020, OFAC, the Department of State and the U.S. Coast Guard jointly released guidance for persons involved in the maritime industry regarding common deceptive shipping practices used to subvert U.S. and United...more

Proskauer - Blockchain and the Law

Another Blockchain Supply Chain Shipping Consortium Files for Federal Antitrust Exemption

In late May, the Global Shipping Business Network (GSBN), a consortium of ocean carriers and terminal operators, filed a petition with the Federal Maritime Commission (FMC) to obtain an antitrust exemption under the U.S....more

Cozen O'Connor

FMC Expands Use of Innovation Teams to Respond to COVID-19 Supply Chain Concerns

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On March 31, 2020, in response to concerns stemming from the coronavirus (COVID-19) pandemic, the Federal Maritime Commission (FMC) initiated Fact Finding Investigation No. 29, which is aimed at developing improvements to the...more

Society of Corporate Compliance and Ethics...

International Chamber of Shipping proposes USD 54 billion research fund for emissions

Report on Supply Chain Compliance 3, no. 3 (February 6, 2020) - Merchant shipping owners released a USD 54 billion proposal for a research and development program to eliminate CO2 emissions. The program is an attempt to...more

Society of Corporate Compliance and Ethics...

European Commission Green Deal includes maritime in emissions trading system

Report on Supply Chain Compliance 3, no. 1 (January 9, 2020) - European Commission President Ursula von der Leyen unveiled the new Green Deal on Dec. 11, including a formal intention to include maritime shipping in the...more

Society of Corporate Compliance and Ethics...

Shipping through the Arctic still uncertain endeavor

Report on Supply Chain Compliance 2, no. 22 (November 21, 2019) - Despite Russian support for the Arctic Passage as an alternative route for shipping, few countries have signed on yet. Sovcomflot did order its first vessel...more

Opportune LLP

Planning for IMO 2020: The Cost of Non-Compliance

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On January 1, 2020, the new International Maritime Organization’s regulation—dubbed “IMO 2020”—for sulfur reduction from 3.5% to 0.5% will go into effect. The regulation stipulates that oceangoing vessels must use either a...more

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