Marine Insurance Archives - Fichte & Co Legal Legal Firm in Dubai Wed, 04 Mar 2026 09:44:25 +0000 en-US hourly 1 https://fichtelegal.com/wp-content/uploads/2022/01/cropped-Favicon-32x32.png Marine Insurance Archives - Fichte & Co Legal 32 32 Impact of a Strait of Hormuz Closure on Shipping & Insurance https://fichtelegal.com/impact-of-a-strait-of-hormuz-closure-on-shipping-insurance/?utm_source=rss&utm_medium=rss&utm_campaign=impact-of-a-strait-of-hormuz-closure-on-shipping-insurance Wed, 04 Mar 2026 09:08:10 +0000 https://fichtelegal.com/?p=44997 Strategic significance and the current disruption As of 28 February–3 March 2026, reporting indicates a sharp escalation in Gulf hostilities and a de facto interruption of safe commercial transits through the Strait of Hormuz, driven by attacks on more than five tankers by drones and missiles, and clear threats issued by the IRGC against transiting …

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]]> U.S. Sanctions and Shipping: Guidance for Maritime Insurance Companies https://fichtelegal.com/u-s-sanctions-and-shipping-guidance-for-maritime-insurance-companies/?utm_source=rss&utm_medium=rss&utm_campaign=u-s-sanctions-and-shipping-guidance-for-maritime-insurance-companies Wed, 29 Oct 2025 08:59:09 +0000 https://fichtelegal.com/?p=44563 In recent years, the U.S. has focused increasingly on “intermediaries” or “facilitators” of sanctions evasion, such as shipping companies, logistics service providers, freight forwarders and transport intermediaries, as well as insurance companies. Over the past few years, the U.S. government has published several guidelines on sanctions compliance for the maritime industry. These guidelines highlight the …

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]]> A Recognized Port of Refuge in the UAE? https://fichtelegal.com/a-recognized-port-of-refuge-in-the-uae/?utm_source=rss&utm_medium=rss&utm_campaign=a-recognized-port-of-refuge-in-the-uae Mon, 22 Sep 2025 12:42:34 +0000 https://fichtelegal.com/?p=44447 There has been an alarming increase in ship casualties in recent years, often caused by fire in containers, in holds or in the engine room. Recent casualties in the MENA region include the MAERSK FRANKFURT (fire and explosion), the ASL BAUHINIA (fire in Containers on board) and the WAN HAI 503 (fire and explosions), all …

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]]> Essential Guide to Registering Your Yacht in the UAE https://fichtelegal.com/essential-guide-to-registering-your-yacht-in-the-uae/?utm_source=rss&utm_medium=rss&utm_campaign=essential-guide-to-registering-your-yacht-in-the-uae Fri, 16 Aug 2024 07:38:36 +0000 https://fichtelegal.com/?p=43212 In the UAE, maritime activities are regulated by distinct legal frameworks tailored to accommodate different types of vessels and demands of different shipowners and ship operators. While the rules for registering a commercial vessel are provided for by the UAE Federal Decree Law No. 43/2023 (the New Maritime Law), the rules for registering a yacht …

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