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On 4 March, the text of a new international legally binding instrument on marine biodiversity of areas beyond national jurisdiction (BBNJ) was agreed at the UN, following nearly two decades of discussions and negotiations. Fredrik Haag, Head of the Office for the London Convention/Protocol and Ocean Affairs at the IMO will touch upon the new ocean treaty and explain the impact on both the IMO and the entire shipping industry.
The more conventional sectors continue to see healthy ordering activity, with tanker orders once again holding the lion’s share among recently reported deals. The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.
Disputes between owner and charterer about maximum draught, demurrage, Just In Time can be avoided by a good understanding between port authorities, their terminals and owners and charterers and offering transparency about depths, under keel clearance, waiting areas and port passage planning areas – all based on international standards. Ben van Scherpenzeel , Director Nautical Developments, Policy and Plans Port of Rotterdam, will among other dive into Maximum draught based on charted depths and under keel clearance Measured marks of the waiting areas and port passage planning areas Transparency about your place in the queue
Obligaciones sometidas a la “debida diligencia” y una perspectiva desde el derecho civil La buena fe y su importancia práctica en el contexto del contrato Fuerza mayor y algunas diferencias
The shaky dry bulk market has managed to “scare-off” buyers in the past days, while in total contrast, buyers in the tanker sector have finally made a come back, showing very firm interest across all sizes and ages. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.
The Anti-Corruption Clause for Charter Parties 2015 provides market users with a regime for responding to unlawful demands for gifts in cash or kind, such as cigarettes or alcohol. It is designed for use in both voyage and time charters and sets out a series of steps with the contracting parties working together to resist such demands but if this fails, owners’ rights to hire or uninterrupted laytime and demurrage are protected. Termination, by either party, is the ultimate sanction but a high threshold has been set so that it cannot be easily used as an exit from an inconvenient charter. This clause was published on 7 December 2015.
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