Alice Amundsen heads up Gard’s global People claims area. This group is responsible for handling the thousands of crew claims received each year from Gard’s membership. We caught up with her to share some of her insights which provide a snapshot of Gar…
The Covid crew crisis – Is there a light at the end of this tunnel? Read More »
The tanker market in April was still in backwards mode. In its latest monthly report, OPEC said that dirty tanker rates declined in April, as the improvement seen in March in the Suezmax and Aframax classes proved temporary and VLCCs rates moved sidewa…
Tanker Markets Still Looking for Sustainable Recovery Read More »
The dry bulk index keeps its increasing trend driven by buoyant sentiment in dry bulk capesize freight rates. The capesize freight market has been trading strongly since the beginning of April to reach levels not seen in the past decade. The capesize 5…
In the case of A v. B [2021] EWHC 793 (Comm), the seller under a sale contract jumped the gun and found themselves in breach when they purported to terminate the contract prematurely on the ground that they (mistakenly) considered the buyer was in repu…
A less than appealing tanker market hasn’t been enough to deter ship owners, keen to acquire modern wet tonnage, in expectation of a surge in demand and rates alike during the second half of 2021 and onwards to 2022. In its latest weekly report, shipbr…
Tanker Acquisitions Gain Traction Despite Lackluster Market Read More »