Press & Publications
On 1 September 2016 the Seoul Central District Court (6th Bench of Bankruptcy Division) decided on the request of Hanjin of 31 August 2016 to commence a rehabilitation procedure for the company since Hanjin is in a situation where it is unable to repay its payable debts without causing a substantial hindrance to the continuance of its business.
Getting the Deal Through - Shipping 2017 is the 9th edition of this well-received publication. This publication provides an overview of the law in seventeen international jurisdictions. It is published by Law Business Research Ltd. and it is an indispensable guide for all those in-house lawyers and other key decision makers that are dealing with shipping and transport around the world.
Finland has ratified the International Convention for the Control and Management of Ships’ Ballast Water and Sediments 2004 (the “Convention”) on 8 September 2016, bringing the ratifications of registered Member to 35.14% of the world's gross tonnage, surpassing the 35% requirement. The Convention was adopted in 2004 by the International Maritime Organization (IMO), the United Nations specialized agency responsible for developing global standards for ship safety and security and for the protection of the marine environment and the atmosphere from any harmful impacts of shipping.
In the latest issue of The Superyacht Report (Issue 173, October 2016), Arnold J. van Steenderen highlights the potential pitfalls for both parties in negotiating a build slot, and sets out a solution that's agreeable for all.
Judgment Rotterdam District Court 29 June 2016 (ECLI:NL:RBROT:2016:4960 DSM Acrylonitrile B.V. (et al.) v. / DB Schenker Rail Nederland N.V. and DB Schenker BTT GmbH)
Getting the Deal Through - Shipbuilding 2016 is the 5th edition of this well-received publication. This publication provides an overview of the law in fourteen international jurisdictions. It is published by Law Business Research Ltd. and it is an indispensable guide for all those in-house lawyers and other key decision makers that are dealing with construction and conversion contracts around the world.
On 30 May 2016 the High Court of Justice in Rotterdam handed down a judgment in the case Kolmar Group A.G. v. Odfjell Terminals (Rotterdam) B.V. In this decision the Court upheld Odfjell’s defence based on art. 57 of the VOTOB terms and conditions under which the storage company shall not be liable for damage, loss, third-party claims etc., unless the client proves that such damage, loss, third party claims etc.
HISWA Holland Yachting Group members win both ‘superyacht of the year’ prizes
The latest superyacht figures have just been released and they make excellent reading for the Dutch industry. Holland was responsible for a quarter of the world’s deliveries in terms of value in 2015. According to the data of SuperYacht Times, the Dutch yards launched 22 superyachts worth some €1.18 billion in total. This represents an average of €54 million a yacht, twice that of the average build worldwide (€26.7 million).