As a Civil law jurisdiction, UAE maritime law is derived from the UAE's Maritime Code (or specifically Federal Law No. 26/1981) but all maritime financial transactions are governed by the Commercial and Civil Codes. The…
Fichte & Co is proud to announce its latest industry accolade after being named ‘Best Maritime Law Firm’ at the 2016 Maritime Standard Awards. The Maritime Standard is the region’s most exciting and coveted maritime…
Fichte & Co and Middlesex University Dubai have partnered to establish a common platform in order to cultivate law students for their transition from academia to the professional industry. The partnership was sealed by the…
UK Supreme Court judgment on OW Bunker, The Judgment in Brief: The long awaited Judgment by the UK Supreme Court (“UKSC”) was handed down on 11th May 2016 in which they unanimously dismissed the appeal…
Although the outcomes of arrest proceedings are becoming more predictable to the reassurance of physical bunker suppliers, it appears that shipowners will continue to be at risk of having to pay OW Bunker or its…
The Middle East now represents a significant portion of the buyers in the current yacht market. While there has been a relative slowdown in the sale of newly built yachts, there has been a renewed…
After OW Bunker's insolvency, Owners were faced with the risk of having to pay twice for the same bunkers - once to OW Bunkers / ING who had a contractual claim, and once to physical…
WISTA (Women’s International Shipping & Trading Association), a recognized professional and reputable Shipping Organization with a focus on improving levels of competency in the shipping industry had its annual Spring Board meeting for the first…
Khorfakkan Federal Appeal Court's ruling supports local bunker suppliers' position and rejects ING's claims: By way of background, subsequent to the liquidation of OW Bunker Middle East DMCC ("OWBME"), Shipowners found themselves in the unenviable…
