Vessels

Old Dog New Tricks

By Kate Belmont, Steven Caponi | Blank Rome LLP

cyber-security---photo2

Bunkerspot

The maritime community is sitting on the precipice of disaster. While regarded as one of the oldest and most well respected industries on the planet, the maritime community as a whole has failed to protect itself against the growing threat of cybercriminals. Methods of daily business transactions have failed to evolve and the reliance on out-dated technology with little to no cybersecurity protection has left many sections of the maritime community vulnerable to cyber-attack. The bunker fuel industry, in particular, has been recently faced with growing and continual threats, due to its outmoded business practices and its failure to employ the most efficient and reliable forms of cybersecurity protection.

 /  Published January 7, 2015 at 4:00 PM

International Organisations: Immunity From Suit And Legal Process

By Valia Babis, Kate Gee | Allen & Overy LLP

BP Attempts "Static Kill" To Permanently Plug Damaged Oil Well

An international organisation is not a State, and is only afforded immunity to the extent granted by statute. It is relatively uncommon for international organisations to come before the English courts, though economically and politically they can be very influential. Assuranceforeningen Gard Gjensidig v International Oil Pollution Compensation Fund [2014] EWHC 3369 (Comm) is a rare example of how the courts will interpret immunity legislation in the context of international organisations.

 /  Published January 1, 2015 at 4:00 PM

Widening a Global Oil Chokepoint

By

Cable & Wireless

The Panama Canal is on the Energy Information Administration’s list of the world’s six global oil chokepoints. While the canal is the smallest of the six – moving just 700,000-800,000 barrels per day of crude oil and petroleum products from 2007 to 2011, compared to the 15-17 million bbl/d that transited the Strait of Hormuz… Keep reading →

 /  Published November 6, 2013 at 11:00 AM