Sale & Purchase Masterclass
16 November 2023The Sale & Purchase (S&P) Masterclass examines the mechanisms and processes behind the sale and purchase of vessels.
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The Sale & Purchase (S&P) Masterclass examines the mechanisms and processes behind the sale and purchase of vessels.
A new standard Cyber Security Clause requiring the parties to implement cyber security procedures and systems to help reduce the risk of an incident, is now available from the BIMCO website.
BIMCO’s Documentary Committee has approved two charter party sanctions clauses to help owners and charterers manage due diligence policies and navigate an increasingly complex environment of economic and trade sanctions imposed by governments.
Despite decades of the shipping Industry's and the regulators' efforts in developing guidance and even changing the SOLAS regulations, it has to be admitted that the task of entering enclosed spaces is still a high risk operation.
It is widely reported that the cyber threat landscape is worsening for maritime organisations. But how is the threat landscape really developing and what are the most likely scenarios which the industry should be aware of? Norwegian Maritime Cyber Resilience Centre - NORMA Cyber has been operational for three years and has more than 100 member organisations and 2,500 vessels among them. One of the things they do is to monitor the threat landscape on a day-to-day basis for their members and handle cyber-related incidents. In this presentation, Managing Director Lars Benjamin Vold will provide an overview of NORMA Cyber's assessment of the maritime cyber threat landscape and how this is likely to develop in the near future. Overview of the main threat actors attacking maritime organisation in the cyber domain Examples of attacks observed towards maritime entities How NORMA Cyber assess this to develop with rabid increase in connectivity
The effects of rising barriers to trade, capital flowing out of emerging market economies, and the elevated geopolitical risk are now clear to everyone.
This commentary on current shipping matters is supplied by Moore Stephens, the leading accountant and shipping industry adviser. Moore Stephens LLP is a member firm of Moore Stephens International Limited, with 667 offices of independent member firms in 103 countries.