Tanker owner's appeal allowed in overage case

(May 23 2013)

Where a charterparty provides for a minimum quantity of cargo to be loaded but no overage is specified in respect of a particular discharge range, the agreed Worldscale (WS) rate shall apply to all the cargo carried, including freight loaded above th...



Security and service pool formed

(Apr 19 2013)

Maritime security experts and service providers worldwide have teamed up to form the World MarSec Union, whose members aim to deliver price reductions by bulk purchasing logistics and services from specific providers in each port.



TORM gains time in its battle to stay afloat

(Jan 31 2013)

The shipping recession has taken its toll of those companies that were heavily in debt to their banks and finance houses as they soon found that they could not service the debt.




<<-newer

June 2020

low carbon strategy - digital tanker market models - battery explosions - better catering onboard - challenges of ballast installations