The owner of the Dali, the massive cargo ship that lost power and knocked down the Key Bridge on March 26, killing six men, has declared “general average,” according to Darrell Wilson, a spokesperson
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Applicability: shipowners, ship operators, ship managers and ship builders.
FuelEU Maritime (Regulation (EU) 2023/1805), designed to support the decarbonisation of the shipping indu
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EU Tightens Grip on Green Transition: Revised Directive Expands and Strengthens Eco-Crime Enforcement
On 20 May, the revised EU Directive on the protection of the environment throug
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Below is a brief overview of some of the significant outcomes from III 10:
https://maritime.lr.org/III-10-Summary-Report
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Lloyd’s has published a new edition of Lloyd’s Open Form (LOF) - it comes after a two year process to review the workings of the contract with the objective of increasing its use.
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Producers, sellers and buyers of commodities all live with price risk, where prices fluctuate between the time of sale and the time of delivery. Price fluctuation can be particularly dramatic w
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Mooring update: The adoption of amended SOLAS regulation II-1/3-8 (resolution MSC.474(102)), which entered into force on 1 January 2024, and the approval of the Revised guidance on shipbo
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Each year, PSC regimes identify a specific focus area to be checked during regular inspections. For the current year, the Paris and Tokyo MoUs agreed to run a CIC on the topic of crew wages and Seafar
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BIMCO's WINDSEACON project is making steady progress in developing a time charter party for supply of a vessel for the purpose of transportation and installation of offshore wind turbine gener
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Market strength remains predicated on Red Sea reroutings
Supply/demand balance
We have revised our assumption regarding when ships might return to
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