Demolition prices slip to USD 525 per LDT in India despite policy change
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04 Apr Russia added to the JWC Listed Areas – contractual implications
This short note deals with some of the key issues that may affect the obligations and rights of charterers and owners resulting from Russia being added to the JWC Listed Areas, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current a... Please follow the link to continue reading.
BIMCO COVID 19 weekly report dated 25 March 2022
This BIMCO COVID 19 weekly report for the week ending 25 March covers the International Maritime Organization (IMO), Azerbaijan, China, Panama, Russia, Ukraine, new IMO crew change national focal point of contact, and the latest from the International Labour Organization (ILO) and the World Health ... Please follow the link to continue reading.
Black Sea dry bulk exports up 13% y/y as Russian wheat exports rise
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USA, California, Sacramento CA - Crew Issues
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Contracting of product tankers jumps 337% in the first half of 2023
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Latvia, Riga - Crew Issues
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Thailand - Freight tax
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Supply/demand balance
Even though cargo volumes and tonne miles quickly recovered from a seasonal dip early in the year, freight rates have not yet been able to fully match the peaks of the 4th quarter 2022. Earnings, however, remain solid and time charter rates and second-hand ship prices are at their highest levels sin... Please follow the link to continue reading.
Another success for the BIMCO Holiday Calendar and BIMCO Advice
A case story from a BIMCO member's enquiry about laytime related to holidays
