Havoc is what best describes the effect of the Coronavirus to the world’s trade, economy and of course the shipping industry. It seems that every single estimate and projection regarding the course of global trade, demand for raw materials and su…
Shipping “Sweats” as Coronavirus “Fever” Spreads Globally Read More »
Ship managers should ensure they are named as joint-assureds on their owners’ hull and P&I policies. This is because (apart from in a handful of jurisdictions), the ship manager is always considered to be the operator of the vessel under the ISM co…
The importance of being joint assured Read More »
In a significant decision published yesterday, the English Court of Appeal has upheld the decision of the lower court that an inadequate passage plan that caused a vessel’s grounding rendered the vessel unseaworthy. The decision in The CMA CGM Libra[1]…
Watson, Farley & Williams: Plan your passage carefully Read More »
Both physical and paper crude tanker rates for routes to Asia jumped on Monday as the plunge in crude prices…
Related StoriesChina seen seeking leeway in LNG offtakeLasting oil price war to damp tanker shipping pr…
Tanker markets lift off as crude price falls most since 1991… Read More »
Norwegian ship owner Solstad Offshore said it has secured work for its 2006-built anchor handling tug supply vessel (AHTS) Far Stream supporting a six-well drilling program for a major Malaysian operator.The 285-day contract is due to commence…
Solstad Lines Up Contract for Far Stream Read More »