In the wake of the recent publication of the new UAE Maritime Law (the “New Maritime Law”), we continue our journey to dissect the nuances of the new Maritime Law.

The recently issued Federal Law No. 43 of 2023 concerning the Maritime Law (the “New Maritime Law”), repeals and replaces UAE Federal Law No. 26 of 1981 (as amended) (the “Old Maritime Law”).

The Saudi Arabian Monetary Agency (SAMA) has recently issued the Marine Insurance Coverage Instructions (the Instructions) which were drafted in collaboration with the Transport General Authority for developing a regulatory framework for mandatory marine insurance coverage and for setting minimum limits for coverage and benefits.

The Kingdom of Saudi Arabia (KSA) has been actively pursuing economic diversification for investors to do business in the Kingdom.

Mohamed El Hawawy, Joint Managing Partner, and Natalie Jensen, Partner, from our Dubai office, have contributed the UAE chapter to the recently published Sixth Edition of the Third Party Litigation Funding Law Review.

In a recent interview with The Maritime Standard, Joint Managing Partners Mohamed El Hawawy and Alastair Holland discuss what has been keeping our Dubai team busy over the last year and the diversity of our workload.

As we move past the vertex of a U-shaped dip in the global shipping sector caused by supply chain restrictions arising from the COVID-19 pandemic, it is worthwhile to look back at the UAE maritime industry’s growth, lessons learned, and development outlook.

Decree No. 34 of 2021 concerning the Dubai International Arbitration Centre (the ‘Decree’) came into force in September 2021 and aimed to streamline arbitration in Dubai by amalgamating it under one institution – the Dubai International Arbitration Centre (‘DIAC’).

We are delighted to announce that Natalie Jensen, Partner from our office has been recognised as a 20 under 40 winner, announced on Tuesday 14 December!

The Court has confirmed that, in the absence of express provision in a voyage charterparty stating how time should be computed in calculating the period for the notification of demurrage claims, the local time and date at the place of discharge determines the date of completion of discharge.

Decree No. 34 of 2021 concerning the Dubai International Arbitration Centre recently came into force, making a number of changes to the arbitration landscape in Dubai. We seek to answer a number of important questions here.

Decree No. (34) of 2021 (“the Decree”) on the Dubai International Arbitration Centre (“DIAC”) was recently issued.

The UAE is a shipping hub and, as a result, it is a jurisdiction that has experienced its fair share of abandoned vessels and crew. There have been a number of positive developments in addressing such issues.

Galtrade Limited v. BP Oil International Limited [2021] EWHC 1796 (Comm). In considering a buyer’s claim for wasted expenditure relating to a cargo of off-specification low sulphur straight run fuel oil (“SRFO”), the Court found that the Buyer was not entitled to reject the cargo and was, therefore, in repudiatory breach of contract.

Enemalta Plc v. Standard Club Asia Ltd (MV Di Matteo) [2021] EWHC 1215 (Comm). The English Court has dismissed a P&I Club’s challenge to its jurisdiction.

When reporting last year on the Commercial Court judgment in this case, we commented that it is common in commodity contracts for the parties to agree their main commercial terms in a recap and then to refer to and incorporate industry standard terms in order to complete the contractual arrangements. The challenge then is how to interpret the resulting contract.

Armada Ship Management(s) Pte Ltd v. Schiste Oil and Gas Nigeria Ltd (Armada Tuah 101) [2021] EWHC 1094 (Comm). In this case, the dispute resolution clause in the charterparty was unclear because of the manner in which amendments had been made to its standard terms.

Fimbank PLC v. Discover Investment Corp (Nika, renamed Nord) [2020] EWHC 254 (Comm). The Court has discharged a freezing order that was originally granted on an ex parte basis.