The Red Sea crisis has seen ocean freight rates increase faster than the early months of the Covid-19 pandemic as swathes of shippers are told some of their contracts will not be honored. Xeneta, the leading ocean freight rate benchmarking and intellig…
McQuilling Services is pleased to announce the release of its 27th anniversary edition, 2024-2028 Tanker Market Outlook. This 196-page report provides a detailed analysis of oil fundamentals, global economic and geopolitical context in addition to tank…
McQuilling Services: Mid-Size Tankers Favored Over VLCCs for 2024 Read More »
The feeder sector is expected to benefit from a lower orderbook, compared to the rest of the container segment. In its latest weekly report, shipbroker Intermodal said that “the container shipping market is currently navigating through a period of sign…
Feeder Market: Positive Prospects Moving Forward Read More »
Industry is closely evaluating ordering, fuel and technology options now that there is greater clarity on global emissions reduction targets, carbon pricing and performance measures. After a year in which decarbonisation regulations were agreed to be s…
Shipping is sizing up energy transition opportunities Read More »
Summary In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be made without owners’ consent, non-payment of hire is a “deduction” if the vessel is allegedly off-hire at the instalme…
Anti-deduction clauses: Can a charterer withhold hire without an owner’s consent? Read More »