• 12/2023: United States temporarily authorizes transactions involving oil, gas and gold in Venezuela

    MEMBER CIRCULAR 12/2023

    06 DEC 2023

    The US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) recently issued 4 general licenses suspending certain sanctions in relation to transactions involving oil, gas, and gold in Venezuela. 

  • Limitation of liability – lessons from the MSC Flaminia

    Bilde
    INSIGHT

    04 DEC 2023

    The English High Court’s decision in the case of the MSC FLAMINIA provides useful guidance on which claims are subject to limitation, and which are not.

  • Protecting whales – in the Mediterranean and everywhere else

    Bilde
    ALERT

    29 NOV 2023

    The IMO has adopted a new voluntary speed restriction scheme in the North-West Mediterranean Sea to protect local whale populations. This area is also marked on the newly released global whale chart aimed at helping seafarers in planning their voyages to reduce the risk of vessel-whale collisions.

  • Shipping battery energy storage systems - high energy, high risks?

    Bilde
    INSIGHT

    27 NOV 2023

    In the past few months, Gard has received several queries on the safe carriage of battery energy storage systems (BESS) on ships. In this insight, we highlight some of the key risks, regulatory requirements, and recommendations for shipping such cargo.

  • Red Sea - situation update

    Bilde
    ALERT

    22 NOV 2023

    Updated 5 December 2023

    Geopolitical tensions in the Red Sea have increased since the commencement of the Israel-Gaza conflict and this is particularly relevant for assets with links to Israel transiting the region.