Charterer’s obligation to provide bunkers in compliance with charterparty specification Time charterers supplying vessels with bunker fuel oil need to ensure that they meet the contractual specifications set out in the charterparty. This may include a …
Bunker quality – do bunker suppliers have charterers over a barrel? Read More »
The ship recycling market has slowed down considerably over the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the various global holidays that transpired this week have set the tone for a slower week in relation t…
Demolition Activity Crawls to Near Halt Read More »
Record pool claims and the unprecedented impact of unforeseen events such as the Covid-19 pandemic have forced P&I Clubs to further harden their rates over the recent 2022/23 renewal round, following sharp rises last year. And Drewry anticipates mo…
P&I premiums to continue rising, adding to shipowner opex woes Read More »
The first delivery in a series of LNG dual-fuel multipurpose dry cargo vessels (MPV) marks a turning point in European short-sea shipping: Lady Marie Christine shows how state-of-the-art design features can ensure that long-term emission targets will b…
Highly flexible, LNG dual-fuel MPV excels with low EEDI Read More »
Performing scheduled maintenance or ship repairs is proving to be yet another challenge these days, in the aftermath of the war in Ukraine. In its latest weekly report, shipbroker Intermodal said that “while observing the ship repair market since the b…
Ship Repairs Proving Costlier and More Difficult Scheduling-Wise Read More »