FMC said this ‘final interpretive rule’ results from a process initiated by a coalition of shipper groups in December 2016
US to review `primary purpose' of detention and demurrage Read More »
FMC said this ‘final interpretive rule’ results from a process initiated by a coalition of shipper groups in December 2016
US to assess detention and demurrage under new guidance prompted by shippers' petition Read More »
With shipping having to cope with extraordinary circumstances and challenges, due to the COVID-19, demolition of older ships have taken a back seat of late. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “to avoid confusion – …
Demolition Market Still Under Lockdown Read More »
The short answer is yes, but not always. Continuous price monitoring is key to identifying price dislocations between different ports. Overview The world is currently going through a very turbulent time with oil prices recently falling to the multi-dec…
Can bunkering outside hubs yield better pricing? Read More »
The practice of charterers using oil tankers for floating storage is certainly not a new concept. What’s different with the current demand for storage is the huge number of ships being time chartered for floating storage purposes due to the collapse in…
BIMCO Floating Storage Clause For Tankers: What To Cover Read More »
