Federal Decree Law No. 43 of 2023 regarding Maritime Law – Download your translation here

The Ministry of Energy and Infrastructure (MOEI) has unveiled the forthcoming Federal Decree-Law No. 43 of 2023 regarding Maritime Law (the “2023 Maritime Law”), slated to come into force from March 2024. This legislation marks…

A New Era for The Shipping Sector in the UAE

A New Era for The Shipping Sector in the UAE The Ministry of Energy and Infrastructure (MOEI) has unveiled the forthcoming Federal Decree Law No. 43 of 2023 regarding Maritime Law (the “2023 Maritime Law”),…

Dubai issues new Decision on Transparency of Local Sea Container Charges in Dubai

In its continuous endeavours to promote best commercial practices and fair competition in the maritime sector of the Emirate of Dubai and to increase transparency and accountability in relation to the application of Sea Container…

The Curious Case of Causation

‘FULL AHEAD’ ordered the Master on the Bridge, and so the fully laden good old bulk carrier, which has weathered many a storm in its more than two decades at sea, complemented by a seasoned…

Identifying factors driving the progress of the UAE’s Maritime Industry

The UAE’s unique location at the crossroads of global shipping routes and its constant drive towards innovation has enabled it to become one of the leading international maritime hubs. The maritime sector is a key…

Fichte & Co Legal marks its presence at the Saudi Maritime Congress 2022

Fichte & Co Legal marks its presence at the Saudi Maritime Congress 2022   Jasmin Fichte moderated the ‘Ports in Focus: Enabling trade, enhancing port standards and embracing technology’ session  Dammam, Saudi Arabia – 29…

Ship Finance in the UAE

As a Civil law jurisdiction, UAE maritime law is derived from the UAE's Maritime Code (or specifically Federal Law No. 26/1981). Still, the Commercial and Civil Codes govern all maritime financial transactions. The Federal Maritime Authority (FMA) is the…

How Competitive is the UAE Maritime Sector Compared to the Standard International Maritime Sector?

We recently witnessed drastic changes and ameliorations in the UAE Maritime Industry. The UAE has ratified two crucial international conventions, these being the 1996 Protocol on Limitation of Liability (“LLMC”) and the 2001 International Convention…

Insurers adopt the Poseidon Principles for Marine Insurance

On 15th December 2021, six of the world's leading marine insurers have publicly launched Poseidon Principles for Marine Insurance to keep the focus on the shipping industry's progress towards decarbonization. In fact, this ground-breaking initiative…

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