Trading Straits

The legal and regulatory bars are getting higher around green finance and carbon finance. When seeking funding, industry participants must do more to prove their environmental achievements. 

Susan Riitala and Rob Lustrin from our Transportation Industry Group, and Brett Hillis, from our Energy and Natural Resources Group, discuss green finance structures and substantiating environmental claims in the shipping, transportation and ENR industries.

In the final of three episodes on shipbuilding law, Sally-Ann Underhill and Thor Maalouf discuss the circumstances under which a buyer can cancel a shipbuilding contract, as well as the options that are available for the yard. They also discuss warranty claims, including typical wording found in warranty provisions and time limits.

Partners Sally-Ann Underhill and Thor Maalouf discuss refund guarantees, why it matters whether you have a “true guarantee” or a “demand bond,” and attempts to delay payment by refund guarantors. They also discuss how integration of new decarbonization technologies may lead to delays during construction, how delays impact the legal framework under a shipbuilding contract, and the prevention principle. 

Partners Sally-Ann Underhill and Thor Maalouf discuss the law on the initial stages of a shipbuilding project, including how new decarbonization technologies impact the documentation of specifications and performance criteria, the main types of contracts used to document shipbuilding deals, and how to record changes to a shipbuilding deal once it is signed.

Cross-practice partners Michelle Mantine, Carolyn Rosenberg, and Jennifer Smokelin discuss new legal, regulatory, and antitrust concerns relating to ESG programs. They examine the latest ESG-related greenwashing and competition litigation risks that businesses and organizations need to consider and the associated insurance protection implications.

Join partners Philip Rymer and Susan Riitala as they discuss the new BIMCO ship sale and purchase agreement, SHIPSALE22 and how it compares to the Norwegian Shipbrokers’ Association’s standard form of contract, as well as the potential issues surrounding the new form.

Following industry responses to its consultation paper on electronic trade documents, on 16 March 2022, the Law Commission published its revised recommendations and draft legislation in “Electronic trade documents: Report and Bill No 405.” In this podcast, partner Nick Austin and associate Sofia Papaspyropoulou focus on the key issues coming out of the Law Commission’s latest proposals.

The need to create a greener future in shipping is more important than ever and has created an industry focus on reducing carbon emissions. Reed Smith partners Nick Austin, Jennifer Smokelin and James Willn discuss future regulations steering shippers toward emissions targets set at COP26. The speakers analyze legal and commercial issues around the shipping industry’s transition to net zero.  

In the second half of our series on LNG looking ahead to 2022, Kevin Keenan, Antonia Panayides and Mike Adamson discuss their expectations of the LNG market in the shipping sector. They opine on emerging trends, growth opportunities, regulatory challenges, and potential bumps in the road, all from their unique legal and geopolitical perspective.

2021 was a turbulent year in the Liquefied Natural Gas (LNG) sector. Now, with the new year in full swing, several of our Energy & Natural Resources lawyers – James Atkin, Frances Furness, and Richard Swinburn – discuss what they expect to see from the LNG market in the year ahead. They share their forward-looking thoughts on emerging trends, growth opportunities, regulatory challenges, and potential bumps in the road from a legal perspective.