By now, it’s no secret that the tanker market is in dire straits for quite some time. However, according to Teekay, an unlikely “knight in shining armour” could come in the form of the IMO 2020 rule, regarding the use of low-sulphur fuels. In its…
Tanker Market Could Rebound on IMO 2020 Rule Read More »
LSF2020 refers to the new “Low Sulfur Fuel” regulations, which will come into effect on 1 January 2020. These regulations are the biggest of a series of steps by the International Maritime Organisation (IMO) to reduce marine pollution (MARPOL) in respo…
How the new fuel regulations change the entire shipping industry Read More »
In a recent important decision of the Admiralty Court in London, NatWest Markets Plc v Stallion Eight Shipping Co. S.A., in which Watson Farley & Williams acted for the successful party, the Court upheld the longstanding practice of not ordering co…
No Cross-undertakings in Damages for Ship Arrests Read More »
The U.S. Navy announced today that three of its Nimitz-class aircraft carriers will conduct homeport shifts.USS Abraham Lincoln (CVN 72), currently located in Norfolk, Va., will rejoin the Pacific Fleet, making San Diego its homeport. Abraham Lincoln…
Warship Shuffle: Three Aircraft Carriers Swap Homeports Read More »
A Southampton-based maritime charity lowered its flag to half-mast today to commemorate the sinking of a hospital ship 100 years ago, which caused outrage across the nation when it was torpedoed in the English Channel, killing 123 people.His…
Hospital Ship Sinking Remembered 100 Years On Read More »