Cover Story

The Xin Chang Shu – Another Wrongful Ship Arrest Case

Ship arrest, which allows a party to seize a vessel as security for a claim or to enforce a maritime lien, is a draconian remedy and may cause economic hardship on the shipowner’s operations…

Shipping News Highlights

• DP World confirms $1.9bn Chinese port venture
• Courage Marine sells 1997 panamax for demolition
• Dry bulk company CSC Phoenix to become dredging firm
• Brightoil buys 10 bunker barges for $84m
• Hong Kong Liner Shipping Association seeks exemption under the new Competition Ordinance

Recent Cases Highlights

• Essar Shipping Ltd v Bank of China Ltd
• The M/V Melissa K v The M/T Tomsk
• Crescendo Maritime Co v Bank of Communications Co Ltd 
• The owners and/or demise charterers of the vessel “Nordlake” v The owners of the vessel “Seaeagle”

Shipping Q & A

How to register a mortgage of a vessel in Hong Kong?

For local vessels, registration is to be made with a cover letter to the Marine Department for endorsement with (1) the original and copy of the Mortgage Deed and (2) original of Certificate of Ownership. The original documents would be returned later. There is no need to submit any specific form......

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