In a judgment handed down on 24 November 2017, Pendennis Shipyard learned the outcome of its application to the Upper Tribunal (Lands Chamber) in the Royal Courts of Justice for the modification of a restrictive covenant affecting part of its estate in Falmouth. In summary, Pendennis invested some £8 million in developing a wet basin on its estate, to allow works to be undertaken in a sheltered location. The land on which the wet basin is situated was subject to a restrictiv

In all the heated debate in the UK about “Brexit” and the upcoming referendum, one aspect of EU regulation that is of crucial importance to the maritime industries has rather gone under the radar. This is the so-called EU Port Services Regulation or “PSR” which seeks to improve the efficiency and competitiveness of the EU port sector by, inter alia, increasing financial transparency in the ports sector both in terms of public funding that ports may receive and their charges t