Singapore, Hong Kong & China offices close for Qing Ming festival - 7th April

Hong Kong authorities had recently announced tightening measures for seafarers and cargo vessels entering into Hong Kong.

Hold preparation is probably the most vital part of bulk carrier operations; if it is not undertaken properly, it can result in substantial cargo claims, delays, additional cleaning, survey costs and expensive off-hire disputes.

Hong Kong and China have agreed new measures to allow parties to an arbitration seated in one jurisdiction to attach assets in the other jurisdiction pending an award. This is an important extension to arbitration proceedings of measures previously restricted to litigants before Hong Kong and Chinese courts. It also reflects the increasing use of Hong Kong as a forum for arbitration.

In the case of Addax Energy SA v MV Yasa H.