International Logistics, Maritime Shipping, and Supply Chain Disruptions: Contracting Issues and Approaches

Cybersecurity Issues, Blockchain and Looking Ahead

A live 90-minute CLE video webinar with interactive Q&A


Monday, December 20, 2021 (in 14 days)

1:00pm-2:30pm EST, 10:00am-11:30am PST

or call 1-800-926-7926

This CLE course will advise counsel on the ongoing issues specific to maritime shipping and supply chain disruptions. The panel will address how disruptions to international supply chain logistics will likely have a significant impact on international trade and the global supply chain; what stakeholders should consider in negotiating logistics contracts and dealing with potential contract defaults; and how current regulatory initiatives may or may not alleviate current supply chain disruptions.

Description

The COVID-19 pandemic, a global economic crisis, and a significant strain on the supply chain, have created numerous social, physical, legal, and humanitarian challenges. The global turmoil puts international supply chain logistics under severe pressure, and the maritime shipping sector may be dealing with the consequences for years. This scenario highlights the importance of international maritime logistics to ensure the delivery of critical supplies and facilitate global trade crisis recovery periods.

Many companies have contractual relations with ocean carriers and logistics providers for the provision of international transport services. The current disruptions have created challenging scenarios both with respect to the non-performance of existing contracts and drafting contracts for future services. Counsel must consider how to negotiate and renegotiate such agreements to mitigate a default.

Regulatory initiatives are also being proposed at the federal, state and municipal level to expedite the movement of goods from ship to port to trucks. All stakeholders are attempting to make the process more efficient and ease disruption, but the proposed initiatives could have significant consequences to carriers, logistics providers, and their customers.

Travel restrictions, social distancing, and economic recession all contribute to enhanced cyber risk. Significant cybersecurity breaches have affected the international maritime logistics sector over the past year and such risks will grow significantly due to greater reliance on electronic transactions and a shift to virtual transactions at all levels. This increases vulnerabilities that can potentially result in disastrous consequences for critical supply chains and services.

One shipment alone may generate up to 200 documents. The cost of administering and processing this documentation in shipping transactions is about 20 percent of the cost of transporting goods. Blockchain may improve logistical efficiency in the global shipping industry by reducing the paper trail and recordkeeping, vastly reducing cost and speeding the shipping process.

Listen as our expert panel discusses the risks associated with maritime shipping carriers, third party logistics providers, and the current supply chain disruption. The panel will address how stakeholders can mitigate risks and plan for the future.

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Outline

  1. Maritime shipping
  2. Contracting for international supply chain logistics
  3. Regulatory initiatives
  4. Cybersecurity
  5. Blockchain

Benefits

The panel will address these and other key topics:

  • What are the key legal considerations in contracting with ocean carriers and third party logistics providers as they relate to existing and potential supply chain disruptions?
  • What cyber risks are maritime shipping providers currently facing? How can clients mitigate those risks?
  • How can using blockchain improve logistical efficiency in global shipping?

Faculty

Danas, Andrew
Andrew M. Danas

Partner
Grove Jaskiewicz & Cobert

Mr. Danas represents clients on a wide variety of general commercial and regulatory issues. He has a specialized...  |  Read More

Lowe, Elizabeth
Elizabeth K. Lowe

Partner
Venable

Ms. Lowe focuses on international trade and customs, and maritime/transportation and shipping issues. She counsels U.S....  |  Read More

Paulsen, Bruce
Bruce G. Paulsen

Partner
Seward & Kissel

Mr. Paulsen specializes in handling complex commercial and maritime disputes. He handles finance and securities-related...  |  Read More

Attend on December 20

Cannot Attend December 20?

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. Strafford will process CLE credit for one person on each recording. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

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