Top 10 Transport Headlines from All Regions The latest news from Holman Fenwick Willan relating to Shipping & Logistics. There is currently an ongoing battle between various sectors of the shipping industry about the Rotterdam Rules which are due to be signed in September 2009. The rolling sand dunes of the Middle Eastern desert have historically only been negotiated by Bedouin, dromedary and Wilfred Thesiger and, more recently, by the ubiquitous 4x4. With the global credit crunch and the ensuing contraction in international trade, many container terminal operators are seeing a dramatic decline in volume and revenue figures. A top London maritime lawyer has warned of the "theoretical threat" that the UK may lose some claims work due to the Rotterdam Rules liability convention, but added that traders, liner operators and ship owners will still elect to keep London as their "preferred base of resolving disputes". The Second Circuit Decides That “Beneficiary” Wire Transfers Are Not Attachable Property Under Rule B And That It Is “Probable” That “Originator” Wire Transfers Are Likewise Not Attachable Gibraltar, a British overseas territory in the southernmost tip of Spain, situated between two continents at the entrance to the Mediterranean Sea, benefits from a constantly growing marine sector. Since the Liner Conferences Block Exemption expired on 18 October 2008, Regulation 823/2000, the Consortia Block Exemption has been the only block exemption regulation applicable to the transport sector, and it will expire in April 2010. The recent decision of the New South Wales Court of Appeal in Rail Corporation New South Wales v Fluor Australia Pty Ltd & Alpcross Pty Ltd [2009] NSWCA 344 provides a useful example of the duties owed between contracting parties to each other. There have been frequent attacks by pirates during this past September and with the monsoons abating, it does not take a soothsayer to predict an increase in the intensity of those attacks over the next few weeks. | 
