Chartering – Page 3 – Capital Link Shipping Portal

Chartering Dry Bulk Industry News Ship Operations

New BIMCO Clause Encourages Bulk Sector to Embrace Just in Time Arrival Concept

The new clause creates a contractual framework to overcome the primary obstacle to just in time arrivals; the obligation on shipowners to proceed with due or utmost despatch and without…

Eliza TerzidiFebruary 17, 2021

Chartering Industry News Marine Insurance

Charterers P&I Club Updates on Brexit Arrangements

ECO-managed Charterer’s P&I Club has reported that, although a Brexit trade deal was accomplished “with days to spare”, that agreement omitted the financial services sector. “So, to all intents and…

Eliza TerzidiFebruary 2, 2021

Chartering Dry Bulk Industry News Multi Sector Ship Operations

Capesize Rates Plunge on Low Cargo Demand; Pacific-Atlantic TCE Spread Widens

Capesize freight rates fell sharply with levels for voyages within the Pacific dropping more steeply than for trips out of the Atlantic, from the unseasonal highs registered during early January, dragged…

Eliza TerzidiJanuary 29, 2021

Chartering Commodities Industry News Multi Sector Ship Operations

Supramax Rates in Indian Ocean at Record High as Vessel Shortage Tightens

The lack of ships opening for fresh employment around India's coast saw the Supramax freight rate for a 50,000 mt (plus/minus 10%) iron ore cargo from Paradip to China assessed…

Eliza TerzidiJanuary 27, 2021

Chartering Industry News

Diana Shipping Signs Time Charter Contract for mv New Orleans with NYK Line

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, on Monday (Dec07) announced that, through a separate wholly-owned subsidiary, it has entered…

Eliza TerzidiDecember 9, 2020

Chartering Covid-19 ESG/Sustainability Industry News

INTERCARGO: Charterers Preventing Crew Change Must Be Held to Account

INTERCARGO, the body representing the interests of dry bulk sector operators, has learned that in a number of instances, charterers in the dry bulk sector have been preventing much needed…

Eliza TerzidiNovember 3, 2020

Chartering Industry News Ship Operations

SHIPPING: Asia Pacific’s Supramax Rates Hit Fresh 10-month High

Supramax time charter equivalent rates for voyages across the Asia Pacific have hit brand new highs since these assessments were first launched in November 2019, Platts data showed, spurred by…

Eliza TerzidiOctober 1, 2020

Chartering Industry News Offshore

Solstad Secures Vessel Charter Extensions with Equinor and Aker BP

Norwegian offshore service company Solstad Offshore has won vessel charter extensions with Norwegian oil firms Equinor and Aker BP. Equinor has declared a one-year extension option for the anchor handling…

Eliza TerzidiSeptember 28, 2020

Chartering Industry News

2020 Bulkers Ltd. Extended Time Charter for Bulk Shanghai

2020 Bulkers has extended the time charter for Bulk Shanghai with ST Shipping, a fully owned subsidiary of Glencore for a period of 6-8 months from 4 October 2020. The…

Eliza TerzidiSeptember 22, 2020

Chartering Industry News Legal Marine Insurance

Demise Charter – the Demise of Your Recovery?

The recent decision in Fimbank PLC v. KCH Shipping Co. Ltd EWHC 1765 (Comm) is a stark reminder of the importance in recovery claims of making inquiries as to the…

Eliza TerzidiSeptember 11, 2020

Subscribe to our Newsletter

Stay abreast of the latest developments in the Shipping and Capital Markets.

Created by Ruler

Chartering42