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Trading Straits provides legal and business insights at the intersection of shipping, energy and trade compliance. This podcast series is hosted by Reed Smith’s market-leading team of cross-office and cross-practice lawyers. Join us to hear key developments across the industry, including on emissions, sanctions, LNG, shipbuilding and supply chain issues.
Episodes
Wednesday Jul 26, 2023
Decarbonization technology: Risks in superyacht construction and financing
Wednesday Jul 26, 2023
Wednesday Jul 26, 2023
Transportation lawyers Philip Rymer, Thor Maalouf and Romain Farnoux discuss issues arising from the incorporation of new technologies – specifically, ones designed to reduce carbon emissions – in superyachts, including the risks of new designs and their potential impact on construction terms and financing arrangements.
Tuesday Jun 20, 2023
Are you deforestation-free? New supply chain obligations approaching in the EU
Tuesday Jun 20, 2023
Tuesday Jun 20, 2023
A new EU regulation will come into force on June 29, 2023, imposing onerous due diligence requirements for businesses buying and selling products made from seven common commodities: cocoa, coffee, cattle, soy, rubber, palm oil, and timber, or the raw commodities themselves.
For timber, the regulation replaces an earlier law, but for the remaining commodities, it is cutting new ground. In this podcast, Julie Vaughan and Nicolas Walker from our environmental team lead you through how it all works.
Thursday Apr 27, 2023
Alternative fuels in the shipping industry: What does the future hold?
Thursday Apr 27, 2023
Thursday Apr 27, 2023
Transportation lawyers Mike Adamson and Laura Hyne discuss the use of alternative fuels in the maritime industry, including the potential challenges and benefits of using greener fuels, as well as new regulatory and legislative developments.
Thursday Mar 09, 2023
Shipping, energy, and the impact of wartime sanctions
Thursday Mar 09, 2023
Thursday Mar 09, 2023
Partners Alex Brandt (London) and James Willn (Dubai) discuss how international sanctions against Russia are impacting the shipping and energy sectors. They cover the sanctions’ effects on industry, the situation’s impact on the Middle East, and the challenges of dealing with inconsistencies in the EU, UK, and U.S. approaches.
This episode was recorded on February 14 and does not take into consideration any guidance/updates published after that date.
Tuesday Dec 13, 2022
LNG and bunker storage poised for growth
Tuesday Dec 13, 2022
Tuesday Dec 13, 2022
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.
Wednesday Nov 30, 2022
Proof of performance on environmental protection: Shipping and transportation
Wednesday Nov 30, 2022
Wednesday Nov 30, 2022
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.
Tuesday Oct 25, 2022
Tuesday Oct 25, 2022
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.
Tuesday Oct 11, 2022
Shipbuilding law (part 2): Refund guarantees and delays during construction
Tuesday Oct 11, 2022
Tuesday Oct 11, 2022
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.
Tuesday Sep 27, 2022
Tuesday Sep 27, 2022
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.
Tuesday Aug 09, 2022
Next-level ESG: Greenwashing, competition, and insurance
Tuesday Aug 09, 2022
Tuesday Aug 09, 2022
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.