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…
Important Notice for Companies Incorporated in Mainland UAE! The deadline to amend your company's memorandum of association ("MoA") to bring it in line with the provisions of the new UAE Commercial Companies Law (Federal Law…
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…
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Fichte & Co Legal Consultancy is proud to announce that Managing Partner Jasmin Fichte was conferred the "Maritime Standard Woman in Shipping Award" by The Maritime Standard Awards held on Monday, the 9th of November…
