Cash-rich shipowners double container ship order book in 2021
26 August 2021What’s not to like about 2021 for container shipping?
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What’s not to like about 2021 for container shipping?
Tow wires on board tugs are expensive. If they break during an ocean towage operation, who should be responsible for repairing or replacing them? These and other issues were discussed in the latest meeting of the revision of BIMCO’s towage agreements TOWCON and TOWHIRE 2008.
The BIMCO holiday information for 2021 is now available online, offering increased focus on local and regional holidays, increased transparency and better reliability.
SmartCon will be the long-term successor for IDEA. Based on the latest Microsoft technology, it will ensure that we can continue to offer our industry-known contracts for years to come.
You wouldn't navigate a ship without a chart, so why sign a contract without advice? Avoid unnecessary costs you couldn’t have foreseen.
BIMCO provides up-to-date information on the Asian gypsy moth season (AGM) 2021. ** ASIAN GYPSY MOTH IS NOW KNOWN AS FLIGHTED SPONGY MOTH COMPLEX ** Not all countries have introduced the new name yet, but BIMCO has decided to standardise on Flighted Spongy Moth Complex, abbreviated to FSMC.
You wouldn't navigate a ship without a chart, so why sign a contract without advice? Avoid unnecessary costs you couldn’t have foreseen.
This is the latest edition of BARGEHIRE which is a bareboat charter party specifically designed for unmanned, non-self-propelled seagoing barges. It is a lease agreement whereby the charterer obtains possession and full control of the barge along with the legal and financial responsibility for it as further detailed in the BARGEHIRE. The charterer generally pays for operating expenses such as maintenance and repairs but, unlike bareboat chartered ships, barges are often chartered with owner’s Hull & Machinery insurance made available to the charterer. Although not as often, Protection & Indemnity insurance can also be made available to charterers, especially when the duration of the contract is short. Copyright in BARGEHIRE 2021 is held by BIMCO.
It's been a while since we saw such a short list of new constructions like the one compiled for last week's orders. Indeed, only one order was inked; Croatian owner Atlantska exercised an option for the construction of two more 82,000dwt vessels at New Hantong yard for a price of $34.25 million each. The newbuilding market activity was in line with the course that we have been witnessing since the start of the year. Crude carrier units were missing for another week while LNG and container deals were present as always despite the increasing newbuilding prices.
The newbuilding market activity saw signs of a potential rebound with the volume of last week’s concluded deals being at healthy levels. The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.