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Bliss for shipowners! Damages may be claimed in addition to demurrage for voyage charterparty delay

In a significant decision for the maritime sector, The Eternal Bliss[1], the English Commercial Court has resolved a much-debated question, answering that an owner can, under certain circumstances, recover damages in addition to demurrage for delay to …

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Tankers: Kuwait’s Seaborne Crude Oil Exports Amount to 83.4 Million Tonnes During Jan.-Oct. Period

As Middle East crude oil exports are a vital part of the tanker market, it’s worth taking a look at the latest market fundamentals. In a recent weekly report, shipbroker Banchero Costa said that “Kuwait is the fourth largest exporter of crude oil in th…

Tankers: Kuwait’s Seaborne Crude Oil Exports Amount to 83.4 Million Tonnes During Jan.-Oct. Period Read More »