PODCAST: What Contracts Keep Silent: Real Legal Risks of Logistics in the Middle East

On April 23, Stepan Guzey, Partner at Lidings, took part in the podcast "What Contracts Keep Silent: Real Legal Risks of Logistics in the Middle East," organized by PARI Insurance Company.

Topics discussed included:

  • Reality vs. noise — what is happening in logistics right now

  • Where businesses lose money — bank payment refusals, U.S. secondary sanctions, and hidden counterparty and supply chain toxicity

  • Logistics under pressure — route disruptions, delays, inspections, and cargo seizure risks

  • Who pays when everything breaks down? — Incoterms don't help, insurance doesn't cover everything (war risk, political risk, exclusions)

  • How to minimize risks — counterparty and supply chain due diligence, deal structuring, sanctions, force majeure, hardship clauses, dispute resolution strategies, and a basic risk management system

Speakers:

Stepan Guzey — Partner at Lidings, Member of the Expert Council of the Commission of the State Council of the Russian Federation on the Northern Sea Route and the Arctic, Expert of the Council for the Protection of Russia's National Interests in the Arctic under the Maritime Board of the Russian Federation

Maria Oleshko — Director of Development Department, Cargo Transportation & Freight Forwarder Liability Insurance Directorate, PARI Insurance Company