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The World Health Organization (WHO) has declared the outbreak of the novel coronavirus a pandemic. There is little doubt that this will have significant implications for the shipping industry. But to what extent?
The global economy continues to grow, albeit at a slower pace than previous years. The slower economic development has been difficult for ship owners who, with a severe overhang of tonnage, have struggled with a depressed freight market since the start of the financial crisis back in 2008.
Seasonal measures introduced by Australia, New Zealand and Chile to combat marmorated stink bug risk.
The latest edition of this clause is Ship-to-Ship Transfer Clause for Time Charter Parties 2008.