The Importance of Safe Berth Clauses in Light of The Coronavirus Pandemic

The Supreme Court Opinion in Athos I On March 30, 2020 the Supreme Court of the United States issued its opinion in the case of CITGO Asphalt Refining Co. et al. v. Frescati Shipping Co., Ltd., et al.. The Supreme Court opinion clarified U.S. law on the issue of safe berth clauses in charter party …

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Benefits of Holding Commercial and Recreational Vessels in Limited Liability Companies

“Is setting up a limited liability company worth the time and expense?” “Doesn’t it seem shady, will it complicate my efforts to document my vessel with the U.S. Coast Guard?” Rest assured, creating a limited liability company to act as an ownership entity for your vessel is a great idea. It is easy to do, …

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Why Ditching the Limitation of Liability Act is a Bad Idea

In the early morning of September 2, 2019 a fire ignited in the below decks area of the dive boat Conception. Before the captain and crew, who were themselves sleeping above decks, could do anything, the fire had blocked their pathway to the below decks area and they were forced to abandon the vessel. All …

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The Effect of COVID-19 on Your Ability to Fulfill Contract Obligations: Invoking Force Majeure and Impossibility Doctrines

In an effort to slow the spread of the novel coronavirus, governments around the world have ordered their citizens to hold in place. There is no indication of when these restrictions will be lifted. Naturally, this has had a huge effect on people’s ability to conduct business around the world. Many business owners, especially in …

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U.S. Customs and Border Protection Grants Temporary Duty Deferral on Imports

We have great news for importers with cash flow issues… Today the Secretary of the Treasury and the U.S. Customs and Border Protection (CBP), under 19 U.S.C. 1318(a), authorized importers to temporarily postpone certain estimated duties, taxes, and fees associated with their imports. This temporary postponement is for 90 days and for duties owed. Under …

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US customs grants duty deferral on imports

CARES Act grants $300M to help the fishery and seafood industry recover from COVID-19 pandemic

The United States House of Representatives is planning to convene today (Friday, March 27, 2020) and vote on the Coronavirus Aid, Relief, and Economic Security Act (AKA the “CARES Act”). The legislative intent of the CARES Act is to provide emergency assistance and health care response for individuals, families, and businesses affected by the COVID-19 …

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What to Expect from a Chapter 15 Proceeding

As many readers are aware, one of South Korea’s largest shipping companies, Hanjin Ship-ping Co. Ltd. (“Hanjin”), has filed for bankruptcy. The insolvency of Hanjin, which is the world’s seventh largest container line, will have a significant impact on the global transportation and retail sector. Shippers, charterers, freight forwarders, motor carriers, terminal operators, and commercial …

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Marine Log’s Tugs & Barges 2015 Conference & Expo

Marine Log’s Tugs & Barges 2015 Conference & Expo Seattle, WA May 12-13, 2015 IMG attorney R. Isaak Hurst will speak at the 2015 Marine Log’s Tugs & Barges 2015 Conference & Expo on May 13, 2015 in Seattle, WA. Mr. Hurst will provide a presentation titled, “The Future of Ship Finance—Alternative Financing Arrangements for …

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Trade is Transportation – World Trade Center Alaska

Trade is Transportation – World Trade Center Alaska Anchorage, AK November, 13, 2014. IMG attorney R. Isaak Hurst will speak at the 2014 Trade is Transportation Conference on November 13, 2014 in Anchorage, Alaska. Mr. Hurst will provide a presentation titled, “Bills of Lading and Himalaya Clauses—What Every Shipper Needs to Know.” The event, hosted …

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Arctic Ambitions III – World Trade Center Alaska

Arctic Ambitions III – World Trade Center Alaska Anchorage, AK February, 13, 2014. IMG attorney R. Isaak Hurst will speak at the 2014 Arctic Ambitions Conference on February 27, 2014 at the Hotel Alyeska in Girdwood, Alaska.  Mr. Hurst will provide a presentation titled, “Charter Party Contracts—Recent Developments in U.S. Charter Party Law.” The event, …

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