Publication | December 2017

Welcome to the December 2017 edition of Legalseas.

In this edition we look at the latest decision from Brazil’s Superior Court of Justice in the long running OSX3 case which confirms the validity of foreign law mortgages recorded against assets in Brazilian waters.

We also examine the proposed compulsory liability insurance regulations which are due to be enacted in Canada for commercial ships carrying passengers, and highlight the implications for shipowners, operators and insurers.

We conclude our final edition of the year with a review of ship finance trends and an analysis of two significant shipping cases heard during 2017 which clarify the approach taken by the English court on contractual interpretations.

Reversed - Validity of foreign ship mortgages upheld by the SCJ Mandatory liability insurance for Canadian commercial ships Trends in shipping finance Trends in shipping case law