This article outlines the use of letters of indemnity (LOIs) and the impact on members’ P&I cover discusses some recent English law court decisions concerning the enforcement of LOIs offers recommendations to members when negotiating, issuing, and …
Letters of Indemnity (LOIs) and recent English court decisions Read More »
The dry bulk market has been reeling under the pressure exerted on freight rates by the lull in the Chinese market. In its latest weekly report, shipbroker Intermodal noted that “as the market is already going through the first days of the Chinese New …
China’s New Year Brings Dry Bulk Market Rates At 2 Year Lows Read More »
With the deadline of IMO Sulphur Cap 2020 drawing closer, we understand the owner’s concern to remain operational while complying with this environmental regulation. Having a good implementation / fuel oil changeover plan is just the beginning of…
Challenges when using compliant fuel Read More »
The problem of uncollected cargo is a perennial problem for NVOCC operators, often resulting in considerable bills on warehousing, container demurrage, and disposal costs. Apart from anything else, there is a significant drain on management resource to…
Uncollected Cargo – mitigating the risks Read More »
The first month of 2019 was lucklustre for the ships’ demolition market, to say the least. As such, the latest news from the Southeast Asia region seems to be positive in terms of market sentiment. In its latest weekly report, shipbroker Clarkson…
Demolition Market Could Be Set for A Rebound in Demand Read More »