Cover Story

Heavy Burden on Claimants to Set Aside Limitation Decree

In admiralty proceedings, shipowners are often entitled to limit their liability in respect of certain types of maritime claims for reasons of public policy. In order to obtain the fullest protection against potential claims, it is necessary for the shipowners who seek to rely upon limitation of liability to obtain under the Merchant Shipping (Limitation of Shipowners Liability) Ordinance (Cap. 434) a decree of limitation...

 Shipping News Highlights

• Industry confidence sinks to all-time low
  
• Xiamen Port Holding to sell two gantry cranes to container terminal operator unit
  
• Yangzijiang secures orders for six VLOCs worth $510m from ICBC Leasing
  
• Maersk Line says fire on Safmarine Meru under control

Recent Cases Highlights

• Glory Wealth Shipping Pte Ltd v Flame SA
• The “Bunga Melati 5”
• NewOcean Petroleum Co Ltd v OW Bunker China Ltd and Another
• Yemgas Fzco and Others v Superior Pescadores SA

Shipping Q & A

Ship Mortgage Registration at the Company Registry – When and How?

If the mortgagor is a company incorporated in Hong Kong or a non-Hong Kong company registered under Part 16 of the Companies Ordinance (Cap. 622), the mortgagee should register the mortgage against the mortgagor as a charge at the Companies Registry...

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