EDITORIAL
Somali Piracy - Report of UK Foreign Affairs Committee
RHIDIAN THOMAS

ARTICLES
Confusion and difficulties surrounding the fraud rule in letters of credit: an English perspective
DR HANG YEN LOW
Griffith Business School, Griffith University, Australia

Charterparty implications of trading in the Arctic
JAMES WERELEY
Fellow of the Institute of Chartered Shipbrokers

A comparative analysis of the transfer of contractual rights under the English Carriage of Goods by Sea Act 1992 and the Rotterdam Rules
PROFESSOR D RHIDIAN THOMAS
Emeritus Professor of Maritime Law, Founder Director, Institute of International Shipping and Trade Law, Swansea University

ANALYSIS AND COMMENT
Insuring ocean towage of a floating dock - issues of disclosure and seaworthiness
Garnat Trading & Shipping (Singapore) Pte Ltd and Another v Baominh Insurance Corporation
[2010] EWHC 2578 (Comm), [2011] Lloyd's Rep IR 366

When is a serious risk of piracy serious enough for the law?
DR ALEKA MANDARAKA SHEPPARD
Pacific Basin IHX Limited v Bulkhandline Handymax AS (The Triton Lark)
[2011] EWHC 2862; [2012] EWHC 70 (Comm)

The construction in The Netherlands of Article 3(1), (4) of the Arrest Convention 1952
NIGEL MARGETSON
Furtrans Denzilick Ticaret Ve Sanayi AS v Augusta Due Srl (The Constanza M)
Supreme Court of The Netherlands, LJN:BT2708

NATIONAL REPORT
Control of land-based sources of marine pollution in Japan: a legal analysis
DR DAUD HASSAN
Senior Lecturer and Head of Interdisciplinary Law Units, School of Law, University of Western Sydney