DIRECTORS’ PERSONAL LIABILITY FOR WRONGFUL TRADING – RELIEF DURING THE CORONAVIRUS CRISIS As the UK’s economy continues to experience shocks, and companies of all sizes face increasingly intense financial pressure as a result of the coronavirus pandemi…
Suspension Of Wrongful Trading In Light Of Covid-19 Read More »
Among other subsegments of the shipping market, one of the most heavily impacted by the current lockdown situation in many countries around the world, is the demolition segment. In its latest weekly market report, shipbroker Clarkson Platou Hellas said…
Ships’ Demolition Market Facing the Doldrums Read More »
The coronavirus outbreak has affected all aspects of the shipping industry, lowering, if not wiping out, demand growth prospects for the year across all segments. The outbreak has also affected fleet development. Contracting activity has fallen, demoli…
Coronavirus Is Disrupting The Supply Of Ships As Well As Demand Read More »
For those wondering what a quality flag represents, they need look no further than The Bahamas. Its steadfast commitment to quality and safety has once again been recognised by the United States Coast Guard (USCG) through its Qualship 21 programme (Qua…
The current oil market situation is offering tanker owners many opportunities to raise their earnings and revenues. However, the long-term consequences could be less ideal, especially if many oil companies go under water. In its latest weekly report, s…