The Spanish Parliament passes the Law of Maritime Navigation 14/2014 which will come into force as from the 25th September 2014.
This new law is intended to update and regulate all matters relating to shipping law. The new law has no less than 524 articles, some provisions endorsing established concepts and others introducing new rules tailored specifically to Spanish concepts of law and interests.
The new law is a very brave project and will unlikely please all the people all the time, but to the extent that it tries to introduce an element of predictability to Spanish shipping law, then it is a massive step forward for a jurisdiction where judicial decisions can sometimes appear very random.
Over the next few months, ROGERS & CO. ABOGADOS will be circulating short notes commenting on the new law (see Publications).