With all meetings at the International Maritime Organization currently suspended, and the full effect of the coronavirus outbreak yet to…
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Norwegian offshore vessel owner Havila Shipping has struck a debt restructuring deal with lenders, conditional upon approval from formal bodies. At January 1, 2020, Havila’s outstanding debt was NOK 4,222 million (around $410 million), which…
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Pacific Basin will pause its fleet expansion plans amid the ongoing market uncertainty caused by the pandemic.
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Agricultural export organisations say detention and demurrage fees are ‘abusive’. But box lines say a politicisation of the debate will…
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‘Parallel development is no proof of a causal connection between the claims frequency and the vessels’ speed, but nevertheless an…
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