Most vessels voyaging the world’s oceans at this moment in time are wasting energy, no matter how sophisticated the machinery on board, and inadequacies in the overall management of vessel speed and fuel consumption are to blame. Think of a cyclist com…
Eliminating energy waste through ship propulsion automation Read More »
The owners requested counter-security from their charterers for a claim they secured toward head owners, under Clause 9 of the 2011 Inter-Club Agreement (ICA). The charterparty, an amended NYPE 1946 form, contained a clause stating “(l)iability for car…
Incorporation of 2011 Inter-Club Agreement in charterparties Read More »
The future USS Charleston (LCS 18) delivered to today will be the 16th littoral combat ship (LCS) to enter the U.S. Navy fleet.The Independence-variant LCS is the ninth delivered by Austal USA, the American branch of Australian shipbuilder Austal…
Austal USA Delivers Third LCS of 2018 Read More »
Solstad Farstad subsidiary’s payment of $48m to creditors deemed ‘satisified’.
Solship restructuring finally complete Read More »
Venezuela’s state-run PDVSA is organizing a contingency plan to address its latest oil-export problem following a minor accident last week at the country’s main crude terminal, two sources from the firm told Reuters on Friday.A tanker collision…
PDVSA to Divert Tankers to Nearby Port after Collision Read More »