Blog

Artificial intelligence (AI) in the marine industry

Artificial Intelligence (AI) represents the capacity of technology to collect, analyze, and subsequently respond to data. With the rising popularity of luxury yacht travel, it is a crucial time for the yachting industry to focus on new technology. AI emerges as a powerful tool with the potential to greatly reinforce initiatives across the yachting sector. […]
  • Posted by Niloofar Foroozanfar
  • On 5 June 2024
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Recovery of maritime claims and ship arrest – Overview 

Ship arrest is a powerful tool in the hands of ship suppliers and other companies working in the shipping industry. Shipowners generally manage risks and limit liability by placing vessels of their fleet under the ownership of “single ships companies”. Credit recovery is likely to be a difficult exercise for small medium enterprises who may […]
  • Posted by Federico Serra
  • On 2 July 2021
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Sale and purchase of ships

Introduction Sale of ships is customarily carried out by means of standard forms the main of which is the Norwegian Saleform edited by Bimco.[1] The yachting sector has adopted the same contractual practice ― eg see the Myba sale and purchase standard form. The aforesaid contractual templates are usually referred to as “memorandum of agreement” […]
  • Posted by Federico Serra
  • On 8 June 2021
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THE LIABILITY OF THE CLASSIFICATION SOCIETIES

The sinking of the Al-Salam Boccaccio ‘98: a pivotal ruling of the European Court of Justice followed by the Italian Supreme Court denying state immunity to the classification societies.  Factual Background  The Al-Salam Boccaccio ‘98, a Panama flagged Ro-Ro passenger ferry en route from Saudi Arabia to Egypt sunk in the Red Sea on the […]
  • Posted by Lorenzo Macchi
  • On 12 March 2021
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