started to decline, although they are still well above pre-pandemic levels. Despite all these circumstances, I believe that we are a long way from a decline in consumer demand that could affect shipping. At the beginning of the pandemic only two shipping companies qualified as large-cap companies, yet as of June this year that number has increased to six. Notwithstanding this, the IMF has warned that onshore, high inflation and the war between Russia and Ukraine are having a material effect that could push the world economy into a complex recession. For now, however, maritime law is sailing smoothly. been very well accepted by those who trust in our work. In some cases, such as when a maritime claim occurs or when it is necessary to activate a maritime insurance or a specific contractual clause, as in charters, the client does not need to travel to one of our offices and lose the valuable and short time that maritime law provides. The same means maximum experience and convenience in that the client does not have to leave their busy schedules to get in touch with us. We have also implemented different communication channels to deal with maritime, customs and insurance emergencies, with telephones available 24 hours a day and exclusive e-mails by subject. All these aspects have allowed us to reach a high standard of quality and professionalism, and to position ourselves as a leading law firm in a short period of time. How do you expect to see the maritime law sector to develop in the latter months of 2022 and beyond? The overall picture will not be without complexities. However, we are far from an economic slowdown for shipping companies at present, despite disruptions and port congestion. Spot prices have 94 LAWYERMONTHLY SEPTEMBER 2022 Renato Pezoa Huerta Renato Pezoa Huerta is a Chilean lawyer (LLB Hons) specialising in maritime law. He is the author of several books and scientific legal articles on maritime law and is a professor of maritime law and marine insurance. He is recognised as one of the most important and prominent maritime lawyers in Chile. Allievi Larre-Marins & Pezoa Allievi Larre-Marins & Pezoa (ALM&P) is a boutique law firm focused exclusively on international commercial law. With headquarters in Santiago, Buenos Aires and Lima, it is a leading source of expertise for the maritime and transport market across South America and overseas. Contact Renato Pezoa Huerta Founding Partner Allievi Larre-Marins & Pezoa Avenida Vitacura 2939, Piso 10, Las Condes Santiago de Chile, RM, Chile Tel: +56 9860 04916 E: rph@almyp.com www.almyp.com The ’globalisation’ of problems now seems to be the general rule for shipping.
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