Secondhand crude tankers reach highest values in 15 years
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The container shipping market is currently making many headlines world-wide as freight rates and port congestion continue to reach new record highs. At the end of September, more than 50 container ships were waiting to berth outside the ports of Los Angeles and Long Beach alone and 90% of those arri... Please follow the link to continue reading.
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BIMCO has received numerous enquiries from members uncertain about how the Novel Coronavirus outbreak will impact contracts. The following includes some general remarks, but it is important to evaluate carefully each situation on its own merits.
The World Health Organization (WHO) and the International Maritime Organization (IMO) have joined forces to issue a joint- statement in response to the challenges faced by the shipping industry during this coronavirus outbreak.
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