[FAQ] Checkpoints To Tackle Physical Cargo Damage
Cargo damages are important issues that affect shipowners. Keeping that in mind the UK P&I Club has formulated a guideline to handle such cargo damage claims.
Let's take a look at them.
Controls
Weather routeing
Does vessel...
Panama Stopping Extensions of Seafarers Employment Agreement
According to a BIMCO report, the Panama Maritime Authority (PMA) will continue to extend the Seafarer's Employment Agreement (SEA) until 14 September 2020.
Thereafter, the provisions of the Maritime Labour Convention, 2006 (MLC,2006) as incorporated...
COVID19 Vaccine Developers Preparing ‘Vaccine Safety’ Pledge
According to an article published in the Wall Street Journal, several COVID-19 vaccine developers, including Pfizer, Johnson & Johnson and Moderna, plan to issue a public pledge not to seek government approval until their...
Spot Rates Hit New High In The European Region
Spot rates to the west coast jumped to a record $3,758 per 40ft, 129% higher than at the beginning of the year.
Spot rates to the east coast ports increased to the market...
Key Indicators In The Asian Residue Fuel Market
Medium sulfur fuel oil has become a viable option as a blending component in the high sulfur fuel oil pool, reports S&P Global Platts.
This is amid the decline in the Singapore 10 ppm gasoil...
Panama Canal Invites Proposals for New Water Management System
Panama Canal seeks a portfolio of water management solutions to improve the quantity, quality and control of its water supply.
The company plans to shortlist the most-qualified firms by the end of year,...
Diana Shipping Announces Time Charter With Koch
Diana Shipping Inc. announces time charter contract for m/v Newport News with Koch, says a press release published on their website.
Time charter contract
Diana Shipping Inc. has entered into a time charter contract with Koch...
GTT Bags Tank Design Deal for 6 LNG Carriers
GTT to design tanks for six new LNG Carriers.
Two of the LNGCs will be built by HSHI and the other four LNGCs will be built by HHI.
Each vessel capacity is 174,000...
Damen Delivers Fast Crew Supplier To Dutch Shipping Company
Damen Shipyards Group delivered a Fast Crew Supplier (FCS) 2710 to Rederij Groen.
This, the first delivery of the new FCS vessel in the Netherlands, took place in Scheveningen.
The vessel has been named Green Waves....
First Foreign Flagged LNG Bunkering in the U.S.
FURE VEN, a dual-fuel vessel owned and operated by Furetank of Donsö, Sweden, has become the first non-U.S. flagged vessel to bunker LNG in a U.S. port.
Eagle LNG Partners, is the first...