Mainbrace - October 2014, No. 3

In This Issue:

- Maritime Cybersecurity: A Growing Threat Goes Unanswered

- Valuation in Maritime Chapter 11 Cases: Genco and “NAV”

- Is the U.S. Prepared Legally and Operationally to Protect Its Arctic Interests?

- Collection of Evidence in the U.S. for Use in Foreign Legal Proceedings under Section 1782

- Blank Rome Maritime Attorneys Co-Author Voyage Charters and Time Charters

- Why Arbitration? Why Not?

- Maritime Legislation Left Pending as Congress Exits Stage Right

- YoungShip International Welcomes Texas and the United States!

- International Politics and Maritime Law Collide in Texas

- An excerpt from: Maritime Cybersecurity: A Growing Threat Goes Unanswered:

The maritime industry may be one of the oldest in the world, but in-depth reports issued by the United States Accountability Office (“GAO”) and the European Network and Information Security Agency (“ENISA”) confirm that our industry is as susceptible to cybersecurity risks as the most cutting-edge technology firms in Silicon Valley. With the ability to commandeer a ship, shut down a port or terminal, disclose highly confidential pricing documents, or alter manifests or container numbers, even a minor cyber attack can result in millions of dollars of lost business and third-party liability. Unfortunately, cybersecurity on board merchant vessels and at major ports is 10 to 20 years behind the curve compared with office-based computer systems and competing industries throughout the world. Like other industries critical to the global economy, such as the financial services sector and energy, it is time for the maritime industry to adopt a proactive response to the growing cybersecurity threat.

Please see full newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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