The industry is anxious about ships potentially being penalised if, despite their best efforts, ships are unable to be fully compliant with the 0.50% sulphur limit. Naturally, the industry wants reassurance that port State control (PSC) authorities wil…
IMO won’t call for pragmatic enforcement during initial phase of 2020 Read More »
Malacca Strait Medley Singapore Arbitration 2/18 [(2018) 1008 LMLN 4] probably does not greatly develop the law or offer novel interpretation of common fixture wording. It does however illustrate some of the less familiar demurrage and also DA disputes…
C Demurrage Case Law Update Read More »
After a long time in the doldrums, the tanker market is primed for better days, as a result of a projected increase in ton-mile demand and various factors coming into play, from the sanctions on Iran, to the US-China trade war. Meanwhile, the product t…
Tankers: Ton-Mile Demand Poised to Increase Read More »
Did you know that states that are parties to MARPOL Annex VI are supposed to inform the International Maritime Organization of the availability of compliant fuel oils in their ports? There is, in fact, an established mechanism to do so and now it is ho…
States urged to report availability of 2020 compliant fuels to IMO Read More »
Capesize It was a brutal week for the big ships as rates tumbled on all routes. A BHP Billiton derailment in West Australia sparked fears of a shortfall in shipments leaving the field clear for others to drive rates lower. Latest reports suggest operat…
Dry Bulk Market: Capesize Market In the Doldrums Read More »