What Damages can I Claim if I Refuse their Request and they Walk Away...
My charterer has threatened to cut my charter rate, despite the charterparty not allowing for this. What damages can I claim if I refuse...
Neste Delivers Low-sulfur Marine Fuel in Sweden
Neste Marks: Jolts Ex-Pipe Deliveries of Low-Sulfur Bunkers
Finland-based Neste Corporation (Neste) announced that it has begun ex-pipe deliveries of low-sulfur bunker fuel at Sweden's...
Drop in Rotterdam’s 2016 Bunker Sales
‘Reason Unknown’ for Drop in Rotterdam’s 2016 Bunker Sales Volume
The Port of Rotterdam says that bunker sales at the port during the year 2016...
LNG Carrier Breached in Collision with Tanker
An LNG carrier was reportedly damaged in a collision with a crude carrier. The LNG carrier reportedly suffered from significant damages in the collision.
What...
Long-range Planning Boosts Ship Profitability
The study, ‘Navigating Decarbonisation’, outlines an approach to evaluating risk through a case study of investments in the new build dry-bulk fleet in the...
Shipping Markets Under Severe Pressure
With the ClarkSea Index around $9,000/day, and many if not most of the major shipping markets under severe pressure, it’s hard to escape the...
Freight Rates Rise Sharply on Surging Demand
Spot fares on container ships are trending higher, lifted by robust shipping to the US and a decrease in capacity cause in part by...
Coast Guard Completes Ballast Water Violation Investigation, Initiates Civil Penalty
The Coast Guard, after an investigation of ballast water discharge violations, initiated civil penalty proceedings against the operator, Vega Reederei GmbH & Co. KG,...
Asia Tankers-VLCC Rates to Slide Further as Cargoes Dry up
Asia Tankers-VLCC rates to slide further as cargoes dry up on Asia refinery work
Freight rates for very large crude carriers (VLCCs), which fell to...
Vessel Losses: Is Shipping Resuscitating its Record?
Safety at sea has improved significantly in the past twenty years, with losses of large merchant vessels becoming a relatively rare event. Whilst casualties...
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