09Oct
09Oct
The emergence of AI Hackers pose more threat to cyber security
Summary New research from Microsoft reveals that hackers are now incorporating artificial intelligence and encryption to create more sophisticated and harmful cyber-attacks. Tom Burt, Microsoft's corporate vice president for customer security and trust, reports that hackers are utilizing AI tools and generative AI chatbots to create...
09Oct
Japan aceedes to the Singapore Convention on Mediation
Summary Japan became the twelfth State Party to the United Nations Convention on International Settlement Agreements Resulting from Mediation, also referred to as the "Singapore Convention on Mediation", by depositing the instrument of accession at the UN Headquarters in New York. Content The accession by Japan was...
07Oct
No compensation will be given by CPA for cargo damage
Summary The Chittagong Port Authority (CPA) has recently announced that they will not be liable for any compensation claims made by port users who have suffered damages as a result of the heavy rainfall and severe floods in the port areas since 5th August. Content The Chittagong Port...
07Oct
Saudi Arabia implements the UNCITRAL Model Law on Cross-Border Insolvency in its Domestic Legislation
Summary: Saudi Arabia implements the UNCITRAL Model Law on Cross-Border Insolvency in it’s domestic legislation which aims to help States create an equitable, contemporary, and fair insolvency framework so that cross-border procedures involving debtors who are facing serious financial difficulties, can be handled more successfully. To...
14Sep
SEMINAR ON DISPUTES INVOLVING CHARTERPARTY IN BANGLADESH
The sustainable development goals have pushed the International Maritime Organization to take measures to reduce pollution caused by ships. The idea behind this plan is to urge the ship-owners to improve carbon intensity by at least 40% by 2023 and cut the emissions by half...
13Sep
Agreement on Fisheries Subsidies has been formally accepted by New Zealand
Summary: New Zealand accepted the Agreement on Fisheries Subsidies on September 6th, becoming the first country from the Oceania region to do so. Trade and Export Growth Minister Damien O'Connor and Director-General Ngozi Okonjo-Iweala celebrated the achievement in a virtual meeting. New Zealand's contribution of CHF...
10Sep
A Green Shift: Rooftop Solar Solution are Loved by Industries
Summary: In light of current trends, industries are shifting focus to alternative energy sources like solar power. This is happening even though national grid capacity exceeds demand by 25,000MW compared to the current 15,000MW. Content: Several big companies have already switched to solar power partially or are considering...
31Aug
Successfully resolved a long-standing maritime dispute between the owner of a foreign vessel and the Bangladesh Navy.
We are pleased to announce that we have successfully resolved a long-standing maritime dispute between the owner of a foreign vessel and the Bangladesh Navy. The vessel collided with a naval frigate in 2017, and the dispute over liability and damages had been ongoing for...
31Aug