BRS Shipbrokers Market Report (23 April)

The UK Supreme Court’s ruling in The Lila Lisbon [2026] UKSC 23 concludes a long-running dispute, clarifying key legal issues for shipowners following appeals from arbitration through the High Court and Court of Appeal.

UK Supreme Court rules that buyers cancelling under SALEFORM 2012 clause 14 can claim loss of bargain damages, reinforcing strict delivery obligations and increasing financial risk for sellers who miss contractual deadlines.

BIMCO backs an EU proposal to add two Indian yards to its approved recycling list, marking potential first recognition under EU rules and a shift toward more performance-based global ship recycling standards.

Anglo-Eastern’s ESG Report 2025 outlines its end‑2024 performance and ongoing initiatives to advance sustainability across maritime operations, highlighting progress, challenges, and future commitments toward a more responsible shipping industry.

Drewry’s latest indices show mixed performance in maritime infrastructure equities, while most bulk shipping stocks rose, outperforming broader U.S. markets, which declined over the same period ending 24 July 2026.

Supreme Court clarifies under Norwegian Saleform 2012 that a buyer cancelling an MOA may claim damages for loss of bargain, offering key guidance on remedies available in ship sale disputes.

SSY’s latest weekly technical analysis (28 July 2026) is now available, offering insights into key market trends and indicators across shipping sectors.

Overview of ammonia as an alternative marine fuel, highlighting its properties, industrial use, and key spill response challenges, including safety risks, environmental impact, and considerations for effective emergency preparedness and handling.