Baltimore Alleges DALI was Unfit for SeaTown of Baltimore has submitted a petition within the US District Court docket in Maryland, arguing that the homeowners and managers of the 9,662 TEU DALI, which collided with the Francis Scott Key Bridge final month,...
In a major stride in direction of world ocean conservation, Seychelles has emerged because the pioneer African nation and the third globally to ratify the groundbreaking Excessive Seas Treaty. The ratification was achieved by a majority vote at Seychelles’ Nationwide...
On the Worldwide Maritime Group (IMO), a proposal put ahead by Norway has drawn sharp criticism from environmental teams, notably Faig Abbasov of the NGO Transport & Atmosphere. The proposal, if carried out, might probably hinder international efforts to...
In a concerted effort to curb marine air pollution, Members of the European Parliament (MEPs) and EU governments have agreed upon stringent measures, enhancing accountability for ship homeowners and operators. The accord, finalized in Brussels on February fifteenth,...
There are two types of ‘demurrage’ in shipping business: Tramp shipping ( the charter).– is when you hire (rent) a vessel for certain cargo or group of cargoes. Demurrage in this case is a charge payable to the owner of a chartered (rented) ship on failure to load or...
“Where the subject-matter insured commences the transit contemplated by this insurance (in accordance with Clause 8.1), but without the knowledge of the Assured or their employees the ship sails for another destination, this insurance will nevertheless be deemed to...