Recent Posts

July 5, 2017 | David Pantzer To Join Simms Showers | By: Simms Showers

David Pantzer, the People’s Law Library web content coordinator, will be joining Simms Showers (Baltimore) this month. A copy of the Maryland Daily Record article announcing Mr. Pantzer’s transition is available here (subscription required).

April 25, 2017 | Don’t Demur on Demurrage | By: J. Stephen Simms

In April-May 2017’s Bunkerspot Magazine, firm Principal Steve Simms addresses some of the details of demurrage situations that bunker buyers, sellers and brokers often face and understanding the operation of demurrage in bunker purchases and deliveries. Most bunker deliveries involve bunker barges or tankers, or deliveries to or from bunkering piers. Bunker barge and tanker and pier operators, typically will have a certainly limited amount of time that the bunkers can be delivered. After that time runs there will be a demurrage charge which many bunker buyers and sellers have learned, can be significant. A bunker buyer or seller should…Read More >>

April 25, 2017 | Effective Chapter 15 Strategies for Marine Equipment Lessors and Maritime Lien Creditors | By: J. Stephen Simms

Most of the significant maritime bankruptcies of the last five years, including Hanjin and OW Bunkers, have utilized Chapter 15 of the United States Bankruptcy Code. Debtors have filed insolvency proceedings outside of the U.S., and then used Chapter 15 to assist those proceedings. Frequently, however, U.S. Bankruptcy Courts in Chapter 15 cases have misunderstood the security rights of maritime lien holders, marine equipment lessors and other maritime creditors. At the same time, these maritime creditors have available to them strong arguments that they soon in a Chapter 15 case should be permitted to exercise their rights to arrest vessels…Read More >>

February 22, 2017 | Post-truth: Make Bunkering Great Again | By: J. Stephen Simms

In the latest edition of Bunkerspot, firm Principal Steve Simms explained the latest post-truth challenges to the bunkering industry in the context of recent world events, including the election of President Donald J. Trump and the U.K. vote for “Brexit.”. He cautions that while the bunkering world embraces electronic information sources in the place of personal relationships and first-hand knowledge, there is greater potential for theories or expectations of changes in the bunkering world to cloud our understanding of the present realities. For instance, although there may be a general belief that oil prices will return to the levels of…Read More >>

December 14, 2016 | Effective Economic Disincentive and 2020 .5% Sulphur Cap Enforcement | By: J. Stephen Simms

Firm Principal Steve Simms recently explained the enforcement challenges that lie ahead from the October 27, 2016 decision by the International Maritime Organization’s (“IMO”) Marine Environmental Protection Committee (MEPC) that by January 1, 2020, world-wide ships’ bunker sulphur limits (expressed in terms of % m/m – that is by mass) would be limited to 0.50% m/m. The question on the minds of industry experts since the decision was announced is whether the new global cap can be enforced effectively. The toll on human life from ship-caused sulphur dioxide and related pollution has gained increased international attention, which was part of…Read More >>