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…
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.…
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.…
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…
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…
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…
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…
New maritime regulations in 2020 to target more foreign investment The new law will open up the maritime sector for foreign investors. The Federal Transport Authority (FTA) in the UAE is working on a whole…
Tanker attacks have a long history indicating that it could be a powerful weapon in international conflict, which can significantly destabilize an economy. During the war in the 1980s, oil terminals and tankers were under…