
Does a Shipowner Have to Sell Its Ship in Order to Mitigate Its Loss? Supreme Court Says No!
In our client alert Does a shipowner have to sell its ship in order to mitigate its loss? in November 2016,...
The Chinese Supreme Court clarifies and simplifies countersecurity requirements
In December 2016 the Chinese Supreme Court introduced new provisions which set time limits for the review of applications made to attach assets other than ships and clarified the amount and form of countersecurity that is acceptable.
China’s Supreme Court issues new judicial interpretation on ship arrest and judicial sale of ships
China is not traditionally a popular jurisdiction for ship arrest. However, Members and clients with ships calling at ports in China should be aware of this development.
PRC Supreme Court’s Position To Forced Sale Of Ships Arrested Securing Claims Against Bareboat Charterers
Before Special Maritime Procedure Law of the People’s Republic of China took into force in 2000...