The global maritime industry is cautiously optimistic about the global business environment for world trade, but also concerned about the potential impact of trade tensions, cyber security, fuel costs and other headwinds to industry recovery, according…
BIMCO has developed two 2020 bunker clauses that deal with general compliance and the transitional period for an early December release. The Global Marine Fuel Sulphur Clause for Time Charter Parties was approved by the Documentary Committee at its mee…
BIMCO Adopts 2020 Bunker Clauses Read More »
Ship owners have been more than active in the S&P Market, as the year closes to an end. In its latest weekly report, shipbroker Intermodal said that “this has been another active week in the second-hand market for both the dry bulk and tanker secto…
Supramaxes are the Weapon of Choice for Greek Ship Owners Read More »
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 »