We were pleased to host the fourth in our series of LCI Law Shipping Briefings on Wednesday, 29 April 2026 at the Piraeus Marine Club.
The session brought together clients and industry colleagues to discuss recent legal developments of practical significance to the shipping market.
Key topics included:
Deposits under MOAs – clarity from the Supreme Court
Anastasia Dola Tsatsos considered the circumstances in which a seller may claim and retain a deposit under a Memorandum of Agreement, in light of the Supreme Court’s decision in King Crude v Ridgebury.
Biofuels – contractual and operational uncertainty
Neil Henderson addressed the increasing use of biofuels and the legal issues arising in their adoption, including questions of specification, performance risk, and responsibility under charterparty frameworks that were not drafted with alternative fuels in mind.
Insurance brokers under Greek law
George Iatridis reviewed the recent Greek Supreme Court decision which he and his team handled and won, on the duties and authority of insurance brokers, highlighting the potential exposure for principals and the importance of clearly defined mandates.
Late redelivery – market measure reaffirmed
Anastasia Vareltzi analysed The Court of Appeal decision in The Skyros, confirming (pending the forthcoming Supreme Court hearing and decision) in which the market measure was held to remain the applicable test for damages in late redelivery cases despite the owner being unable due to unique circumstances to avail itself of an available market.
Vessel performance claims – recent trends
Katerina Bielena provided an overview of recent developments in underperformance disputes, including evidential considerations and emerging trends in claims handling.
