Confusion on the use of manoeuvring fuel in the Panama Canal
02 May 2017The use of maneuvering fuel when passing Panama Canal waters has been stated by the Panama Canal Authorities after a change in their notifications.
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Panama Canal Authority's deck cooling measures for ships to take immediate effect
09 April 2019The Panama Canal Authority (ACP) issues "deck cooling during transit" requirement effectively immediately for all crude tankers, product carriers and chemical tankers carrying cargoes with flashpoints of less then 18 degrees C.
Panama Canal
12 September 2016HEAVYLIFTVOY
20 September 2016HEAVYLIFTVOY is a voyage charter party for the mid-sized heavy lift sector carrying specialist cargo. It is a comprehensive contract providing for free-in or liner in-hook terms for loading and free-out or liner out-hook terms for discharging. HEAVYLIFTVOY operates under the conventional cargo liability regime of the Hague-Visby Rules and is designed for the carriage of multiple shipments both above and below deck. A standard bill of lading, HEAVYLIFTVOYBILL, is intended to be used with it. The latest edition of this contract is HEAVYLIFTVOY, issued in 2009. Copyright in HEAVYLIFTVOY is held by BIMCO.
Avoiding piracy by sailing round the Cape of Good Hope is a costly business
22 November 2009The ending of the monsoon has focused increased attention on the piracy issue and thus also the costs of piracy.
Is the lack of demand for containerships a manageable challenge?
17 September 2015The low demand on the high volume trade lanes is surely increasing the pressure on earnings which is already felt in the container shipping industry.
Container Shipping - Striking the balance is tough when everyone wants to get “back into the black”
16 March 2015The labour conflict that caused a widespread and highly disruptive strike and subsequent congestion in most US West Coast ports, especially for the container shipping industry ended toward the end of February.
The shipping market in 2014 and looking forward
02 January 20152014 started with plenty of optimism for a considerably better global economy and an improved shipping market. Things turned out somewhat differently.
WMN Interview: Time for Carriers to Get Ahead of the Curve
22 May 2015The 2015 has started off as a pretty challenging year for the container shipping industry. With volatile spot rates coupled with oversupply and ordering of ever bigger ships, shipowners across the board seem to have a lot on their plates.
Need for rethinking about when to sail around the Cape of Good Hope?
22 April 2010US President Obama has issued an Executive Order with the heading “Blocking Property of Certain Persons Contributing to the Conflict in Somalia”, which could have an impact on the possibility for paying ransom under some circumstances. The situation is not clear and perhaps some ship owners will consider how to address this situation before transiting the Gulf of Aden and the Somali Basin. On that background, we hereby include an updated version of our calculations regarding the cost part of the decision to go round the Cape of the Good Hope.
