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Bliss for shipowners! Damages may be claimed in addition to demurrage for voyage charterparty delay

In a significant decision for the maritime sector, The Eternal Bliss[1], the English Commercial Court has resolved a much-debated question, answering that an owner can, under certain circumstances, recover damages in addition to demurrage for delay to …

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Newbuilding Orders Slowed Down at the End of the 2020, But Second Hand Bulker Demand Remained High

2020 won’t be a year to remember for newbuildings. A combination of pandemic, trade contraction and uncertainty surrounding existing and future regulation compliance guidelines, pushed more ship owners towards the S&P market for their tonnage needs…

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