Trading Straits provides legal and business insights at the intersection of shipping and energy. This podcast series is hosted by Reed Smith’s market-leading team of shipping and energy lawyers. Join us to hear key developments across the industry, including on emissions, sanctions, LNG and shipbuilding.
LNG and bunker storage poised for growth
Partners Kevin Keenan and Antonia Panayides discuss the market for bunkering facilities and vessels. LNG is poised to expand – thanks to technological advances and market demand for cleaner fuel. But that expansion must take into account international commitments to reduce CO2 emissions. Kevin and Antonia explain the latest developments in the space and the key points that shipowners, charterers, and their counsel should consider in order to avoid pitfalls.
Proof of performance on environmental protection: Shipping and transportation
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.
Shipbuilding law (part 3): Warranty claims and cancelling orders or enforcing delivery
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.
Shipbuilding law (part 2): Refund guarantees and delays during construction
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.
Shipbuilding law (part 1): Specifications vs. performance criteria for decarbonization technologies, and documenting shipbuilding deals
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.
Next-level ESG: Greenwashing, competition, and insurance
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.