A recent Judgement in the English Commercial Court has brought clarity to whether a Shipowner, faced with a cargo damage claim, following delay by the Charterer to discharge the vessel within laytime, can recover those losses from the Charterer. The ca…
Claiming damages in addition to demurrage following delay Read More »
The newbuilding activity has been severely impacted by the effects of the pandemic on global trade and shipping in general, with owners scaling back their investments. It’s a situation, in which one has to include the already high uncertainty caused by…
Newbuilding Activity Heavily Impacted by the Pandemic and Environmental Regulations Read More »
Since the BIMCO Shipping KPI system was launched in 2011, the system has been based on a rating concept. With the release of BIMCO Shipping KPI version 4 at the end of September, the rating concept will be replaced by a ranking concept as dominant benc…
New Benchmarking Concept Will Dominate Shipping KPI Read More »
Global supply chains for goods and commodities were already fractured before Covid-19 arrived. All the pandemic did was amplify the “profound fault lines” in the functioning of those chains and lay bare where improvements need to be made, according to …
Resilience, reshoring and the ultimate trade shock Read More »
Ship owners looking to scrap their older vessels, are more likely to find a good deal in the Pakistani scrapyard market. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “it has been a week emphasizing how this market is ever ch…
Pakistan Leading Demolition Market Price-Wise Read More »