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ONC The Voyager - November 2018 Issue

2018-11-01

Update News on Shipping & Logistics


Cover Story

Is the arresting party entitled to stop the judicial sale of the vessel as of right?

In the recent case, the Singaporean High Court had to decide on whether the arresting party who wishes to discontinue the action is entitled to release the arrested vessel and stop the judicial sale as of right even after bids from potential buyers have been received...

 

Shipping News Highlights

  • China denies plan to ban open loop scrubbers
  • Sinotrans Shipping linked to possible privatisation
  • Hutchison invests in Chinese ocean-rail corridor
  • China Merchants Port profits boosted by equity disposal


Recent Cases Highlights

  • Deep Sea Maritime Ltd v Monjasa A/S
  • Evergreen Marine (UK) Ltd v Nautical Challenge Ltd
  • Fehn Schiffahrts Gmbh & Co KG v Romani SPA


Shipping Q & A

How to get prepared for the 2020 global sulphur limit? (Part I)


Commencing from 1 January 2020, the 2020 global sulphur limit will take effect for ships to observe the international low sulphur fuel oil requirement. Hong Kong ship owners should not underestimate its financial impacts and legal implications...



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Sherman Yan
Managing Partner
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Partner
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