On 12 January the Indian Government issued notifications related to the payment of Service Tax.
Part I Part II Clause 1 - Period of Charter Party and Delivery Clause 2 - Owners’ Undertaking Clause 3 - Trading Limits Clause 4 - Cargo Restrictions and Exclusions Clause 5 - Redelivery Clause 6 - Owners’ Obligations Clause 7 - Charterers’ Obligations Clause 8 -... Please follow the link to continue reading.
An interview with Nick Fell, chair of BIMCO's Documentary Committee.
"In one sense, GENCON is a curious anomaly," says John Weale, who chairs the GENCON revision subcommittee.
General Observations Part I Part II Clause 1 - Vessel Clause 2 - Voyage Clause 3 - Cargo Clause 4 - Laydays Date and Present Position Clause 5 - Cancelling Clause 6 - Advance Notices (Loading) Clause 7 - Advance Notices (Discharging) Clause 8 - Notice of Read... Please follow the link to continue reading.
The Standard Naval Exercise Contract, NAVEXCON, was developed for the short-term charter of merchant ships to participate in military navigational exercises. In order to properly train military personnel in navigation techniques and to familiarise them with the handling of modern merchant tonnage, r... Please follow the link to continue reading.
Background Charterers’ failure to pay for bunkers supplied to a vessel on time charter is likely to have severe implications for owners who, although not party to the arrangements, may nevertheless find their vessel arrested, perhaps weeks or months later, for the outstanding debt. Owners are then f... Please follow the link to continue reading.
Head-haul and regional trade volumes fell 4.9% y/y during the first half of 2023, 8.0% in the first quarter and 2% in the second. We forecast volume growth of 6.1% y/y during the second half as we do not expect that the markets will see the same unseasonably strong decline as in 2022. Full year volu... Please follow the link to continue reading.
Background Emission Schemes are “cap and trade” schemes that cap the total amount of greenhouse gases to be emitted by certain vessels covered by the system. Over time, this cap is reduced as an incentive to reduce greenhouse gas emissions through increased efficiency and the use of alternative fue... Please follow the link to continue reading.
Douglas Shoemaker is a Partner of BLANKROME Houston, and member of the Maritime Emergency Response Team (“MERT”). Douglas focuses his practice on complex maritime transactions and litigation. He has over 25 years’ experience advising clients on a wide range maritime law topics, including charter par... Please follow the link to continue reading.
