Maritime Archives - Fichte & Co

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Is it going to be the end of abandoned vessels in UAE waters?

Recently, we have witnessed the massive development in the UAE maritime industry; the UAE has acceded to two major international conventions, namely the 1996 Protocol on Limitation of Liability (“LLMC“) and the 2001 International Convention on Civil Liability for Bunker Oil Pollution Damage (“Bunker Convention”). Further, negotiations are carried out for the ratification of the…

8 Things to know about the International Convention on Civil Liability for Bunker Oil Pollution Damage in the UAE

The UAE recently approved the accession to the International Convention on Civil Liability for Bunker Oil Pollution Damage, 2001 (the ‘Bunker Convention’), which has entered into force in the territory of the UAE on 23rd June 2021. This is another step showing the dedication of the UAE to implement the IMO’s Liability and Compensation Regime…

Fichte & Co Partners are now appointed as Special Agents of the Liberian Maritime Authority

Fichte & Co, a leading UAE based lawfirm, is delighted to announce that Jasmin Fichte, its Managing Partner, and Alessandro Tricoli, its Partner and Head of Shipping Department, have been appointed as Special Agents of the Commissioner of the Liberian Maritime Authority of the Republic of Liberia to render maritime and corporate services. With this step, Fichte…

Limitation of Liability for Maritime Claims (LLMC) Convention and Applicability in the UAE: 10 Things to Know

Introduction The UAE has recently ratified the 1996 Protocol to the 1976 Convention on Limitation of Liability for Maritime Claims (LLMC) and this protocol will enter into force on the 23rd of May 2021. What this will mean for the maritime industry and the applicability of the LLMC Convention and the respective Protocol in the…

October 20, 2020

Dubai Court Dismisses Oligarch’s $115 Million Damages Claim Against Ex-wife

A Russian oligarch's claim for $115 million in damages against his former wife, after a superyacht was impounded in Dubai as part of a costly divorce battle, has been dismissed by the emirate's highest court. The 115-meter MV Luna has been held in Dubai since February 2018 while lawyers for oil and gas tycoon Farkhad...

Fujairah Opens for Crew Changes

Travel restrictions and border closure imposed by governments around the world due to the Coronavirus outbreak, have caused significant hurdles to crew changes and left many seafarers stranded onboard ships or unable to join ships. According to the Federal Transport Authority-Land & Maritime(FTA), UAE decided to open crew changes in all its ports and waters,...

FICHTE WEBINAR: COVID-19 and Shipping Industry

Free Live Webinar The COVID-19 outbreak has been affecting supply chains worldwide and significantly impacting global trade. The shipping industry, being the backbone of global trade, has been severely disrupted. Our recent webinar focused on the major legal implications in the shipping industry, as well as some helpful takeaways from our Partner and Head of...

FICHTE WEBINAR: COVID-19 and Employment Law in the UAE

Free Live Webinar To help employers and employees better understand the current developments, including some temporary measures introduced in the UAE, Fichte & Co recently hosted a free live webinar. Our Associate, DR. Laura Voda and Seniors Associate, Moaz Forawi talked about the Ministerial Resolution 279, the scope and applicability, provided clarity towards the measures...

Impact of COVID-19 on Vessel Charters

In December 2019, the coronavirus (COVID-19) was first reported as an emerging virus in China, and in the following weeks, the virus had spread globally. Earlier this month, the WHO declared the COVID-19 outbreak as a pandemic, thereby indicating that the virus will affect people across a huge geographical scale. Stock markets in most countries...

February 26, 2020

Force Majeure and the Coronavirus

Companies are doing their best and taking precautions to prevent the spread of the Cornovirus; some of the measures these companies are taking could invoke force majeure clauses or the "impossibility of performance" defence as a preventative measures , the main one being flight suspension, ban on foreign tourism and some operations being delayed. The...