GMS Week 35 – Sanctions Loom, Hulls

GMS Week 35 – Sanctions Loom, Hulls
The sanctions package hanging over last week’s market has now landed. Washington broadened its economic campaign against Iran this week, extending the reach of secondary sanctions and placing shipping firmly within the latest measures. For a recycling market already...
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Briety Shipping Inc v Trafigura Maritime Logistics Pte Ltd

In Briety Shipping Inc v Trafigura Maritime Logistics Pte Ltd [2026] EWHC 1714 (Comm), the High Court held that a bespoke hire rate formula for an LNG time charterparty did not entitle the owner to additional hire when the relative value of the reference indices...
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