RAK ICC Foundations: New Amendments Enhance Asset Protection and Succession Planning

Foundations have become an essential structuring tool in the United Arab Emirates (UAE), particularly for succession planning, asset protection, and international wealth management. The Ras Al Khaimah International Corporate Centre (RAK ICC) introduced its Foundations…

From Sea to Sky: Expanding our Legal Horizons

For more than two decades, our firm has helped clients navigate the complex tides of shipping and maritime law in the UAE. From vessel finance and registration to insurance and cross-border disputes, we’ve built a…

U.S. Sanctions and Shipping: Guidance for Maritime Insurance Companies

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…

The Metaverse and Emerging Regulatory Frameworks in the UAE

The metaverse has quickly evolved from a speculative concept into a driver of technological and economic change. It encompasses immersive, three-dimensional environments powered by VR, AR, and Web3 technologies, where individuals and businesses interact and…

UAE Ratifies Key International Maritime Conventions

In a major step towards strengthening maritime safety and environmental protection, the United Arab Emirates (UAE) has officially ratified two landmark international maritime conventions — the International Convention on Oil Pollution Preparedness, Response and Co-operation,…

A Recognized Port of Refuge in the UAE?

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…

The “Dark Fleet” Phenomenon: Risks for Charterers and Owners

In recent years, the so-called “dark fleet” has transformed the maritime landscape. This shadow network consists largely of old tankers in sanctioned trades, particularly involving Russian, Iranian, or Venezuelan oil. These vessels often use deceptive…

The UAE Aviation Finance Market and the Country’s Role as a Global Aviation Hub

The United Arab Emirates has established itself as a significant player in the global aviation sector, demonstrating excellence as both a pivotal air transport hub and a leader in the domains of aviation finance and…

Navigating the Pitfalls of Arbitration in the UAE

While the UAE has positioned itself as a global arbitration hub, conducting arbitration there can be a minefield, especially for foreign parties unfamiliar with the nuances of its legal landscape. The UAE arbitration framework is…