Tag: Ship Owners
AM Best Assigns Credit Ratings To West of England Ship Owners
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to West of England Ship...
The Maritime Labour Convention To Incorporate Pandemic Lessons
Governments, ship owners, and unions agree to a record number of Maritime Labor Convention amendments in response to the Covid-19 pandemic and crew...
Multi-month Containership Charters, $100,000/Day
Multi-month container-ship charters continue to be signed at jaw-dropping rates above $100,000 per day.
The market is getting even tighter, pushing charter rates...
General Average Declared for Containership Post Engine Room Fire
On May 14, 2021, NYK Delphinus experienced a fire in engine room prior her arrival in Oakland, CA.
Salvage services were requested by...
Global Bunkering Service Launched by Vitol
Vitol today announces the launch of a global bunkering service, Vitol Bunkers.
Vitol Bunkers will offer ship and fleet owners worldwide access to...
Flag of Convenience and Ship Scrapping, An Environmental Threat
Ships transport 90% of the world’s traded cargo, so are crucial to the global economy. But when tankers and other large vessels are...
DNV’s Remote Survey To Assess Statutory Regulation
With rising use of remote surveys, feedback from shipowners is helping DNV to optimize this approach to assessing compliance with class and statutory...
Panelists Discuss On Varying Fuel Qualities In Different Ships In FUJCON...
Panelists representing different aspects of the marine fuels supply chain on 24 March shared their perspectives on operational issues onboard vessels amidst varying bunker...
Transparency The Key To Crew Change Challenge, Says BIMCO
A recent article published on BIMCO website says transparency and dialogue between owners & charterers is the key to crew change challenge.
Freedom of contract
Shipping...
Ship Owners Bewildered by Deadlines To Use Less-polluting Fuels
Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order as they don’t know which...