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Maritime Finance & Banking

Read need-to-know updates, commentary, and analysis on Maritime issues written by leading professionals.
Goldberg Segalla

Summary Judgment Granted to Shipbuilding Defendant Based on Lack of Expert Report

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United States District Court for the Eastern District of Louisiana - Plaintiff Horace Bracy worked on ships for Lykes Brothers and then Avondale Industries in the late 1960s following his service in the Navy. He alleges he...more

Bradley Arant Boult Cummings LLP

FinCEN’s IRGC Alert: What Financial Institutions Need to Know About Iran’s Oil Smuggling and Shadow Banking Networks

On May 11, 2026, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert designed to help financial institutions identify and disrupt funding streams and procurement networks...more

Kennedys

Logistics: Bite-Size Insights - May 2026

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In this edition of Logistics: Bite-Size Insights, we consider the data behind the latest global supply chain disruption trends, explore the changing face of theft of goods in transit, and discuss the importance of affirmation...more

Bracewell LLP

FinCEN Alert Spotlights Risk of Evasive IRGC Tactics

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On May 11, 2026, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Alert warning financial institutions about the Islamic Revolutionary Guard Corps’ (IRGC) use of facilitators such as...more

Hogan Lovells

Trump Administration seeks information to relaunch nuclear-powered commercial shipping

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The Maritime Administration (MARAD) inside the U.S. Department of Transportation (DOT) has issued a Request for Information on developing commercially viable, system-centric small modular reactors (SMR) for maritime use. The...more

White & Case LLP

Sweden proposes national action plan for sustainable aviation and maritime fuels

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On 8 May 2026, the Swedish Government received the final report of its inquiry into promoting the availability of sustainable, fossil-free and low-carbon fuels for aviation and maritime transport in Sweden (the “Report”). ...more

Vedder

The Duality of the U.S. Maritime Action Plan: Near-Term Impact and Long-Term Challenges

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U.S. federal maritime policy will shift meaningfully in the coming months and years following the Trump Administration’s announcement of the Maritime Action Plan (the MAP) on February 16, 2026....more

Vedder

Two Fuels, Two Frameworks: Comparing ReFuelEU Aviation and FuelEU Maritime

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The EU has a dual-pronged strategy to decarbonise hard-to-abate transport sectors. In this article we focus on aviation and shipping, comparing the two regimes....more

Haynes Boone

SALEFORM 2025: A Modern Rewrite for Vessel Deals in a New Global Reality

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The Norwegian Shipbrokers’ Association and BIMCO recently adopted SALEFORM 2025, a new standard form memorandum of agreement (MOA) for the sale and purchase of vessels. The new standard form introduces welcome updates to...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU Adopts 20th Russia Sanctions Package

On 23 April 2026, the European Union adopted its 20th package of sanctions against Russia and Belarus, further amending Council Regulation (EU) No 833/2014 (Regulation 833), Council Regulation (EU) No 269/2014 (Regulation...more

Hughes Hubbard & Reed LLP

US Tax Consequences of the Jones Act Waiver

On April 24, U.S. Customs and Border Protection extended a limited waiver of the Jones Act that had originally been granted on March 19. As a result of the waiver, non-U.S. flagged vessels are permitted to transport certain...more

Hogan Lovells

Strait of Hormuz disruption – Disputes risks for energy and infrastructure projects

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The Strait of Hormuz is one of the world's most critical maritime chokepoints, carrying roughly 25% of global seaborne oil trade – around 20 million barrels per day. Its stability underpins global energy supply and the...more

Montgomery McCracken

Redefining Package Limitation in the United States

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For nearly a century, the United States Carriage of Goods by Sea Act (COGSA) has granted ocean carriers the right to limit their liability to $500 per package. Yet, because the statute famously declines to define what a...more

Akin Gump Strauss Hauer & Feld LLP

When Supply Chains Break: Force Majeure, Hardship and the Sulfuric Acid Crisis

The global sulfuric acid market is in the middle of a supply shock not seen since 2008. Two independent events—the effective closure of the Strait of Hormuz to commercial shipping since late February 2026 and China’s reported...more

Blank Rome LLP

MAINBRACE: April 2026

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I recently had coffee with an acquaintance who works in real estate. He was aware that our law practice has a focus on shipping and presumed we were very busy because of the events taking place in the Strait of Hormuz. What...more

Blank Rome LLP

Navigating U.S. Arrival: A Guide for Vessels on Port Entry and Inspections on Arrival

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When a vessel arrives in a U.S. port, its owners, operators, and crew face a complex regulatory environment. The United States presents challenges for vessels because U.S. federal laws and regulations, and in some cases...more

Blank Rome LLP

Navigating DOJ’s New Corporate Enforcement Landscape: Key Considerations for Environmental Voluntary Self-Disclosures

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The Department of Justice (“DOJ” or the “Department”) released its new Corporate Enforcement and Voluntary Self-Disclosure Policy (“CEP”) on March 10, 2026, establishing, for the first time, a single, comprehensive framework...more

Blank Rome LLP

High Seas Treaty Takes Force: What You Need to Know

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Roughly two thirds of the ocean lies outside of any country’s jurisdiction. This area, encompassing about half of the Earth’s total surface, is known as the “high seas.” The high seas hold huge importance to the health of the...more

Blank Rome LLP

Reconnaissance as Legal Due Diligence: Lessons from Land to Sea

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In the Army, you are taught that uncertainty is best confronted with discipline, purpose, and established processes. Reconnaissance is traditionally understood as a military activity aimed at reducing uncertainty, shaping...more

Spilman Thomas & Battle, PLLC

The Site Report - Construction Law Insights, Issue 4, 2026

Welcome to our fourth issue of 2026 of The Site Report – our construction law insights e-newsletter. WV Manufacturers Association's WVMEG Summit, Charleston, WV, May 4-5 This regional event brings together manufacturing...more

Seward & Kissel LLP

Jones Act Waiver Raises Potential U.S. Federal Income Tax Issues

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On April 24, President Trump extended the existing waiver of the Jones Act (the “Waiver”), which permits foreign-flagged vessels to transport oil, fuel and fertilized between U.S. ports.  The original waiver was set to expire...more

Foley & Lardner LLP

When the Strait Closes, Your Contracts Get Tested

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The Strait of Hormuz has been a theoretical risk in energy markets for decades. In the spring of 2026, it became a very real one. Since late February, when U.S. military operations against Iran triggered the closure of the...more

Holland & Knight LLP

DHS Approves Extension of Jones Act Waiver Period, Adds New Documentation Item for Initial Requests

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As discussed in a previous Holland & Knight alert, the U.S. Customs and Border Protection (CBP) issued guidance on the March 17, 2026, Jones Act waiver requested by the U.S. Department of War (DOW). ...more

Flaster Greenberg PC

The Significance of the Jones Act Waivers

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On March 16, 2026, the Trump Administration issued a sixty-day waiver to application of the Merchant Marine Act of 1920 (46 U.S.C. §55012), better known as the “Jones Act”. Initially passed in the years immediately following...more

A&O Shearman

Deep sea mining in 2026: regulation, geopolitics, and the race for critical minerals

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The deep sea mining landscape has seen significant activity across multiple fronts in the first quarter of 2026. This briefing summarizes recent key developments at the international level and among major private and state...more

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