BIMCO Search Results

Results for:General average

Showing 81 - 90 of 240

Filter by area
Filter by location
Filter by content

Container Shipping - Going slow across the board has brought back black bottom lines

13 October 2010

Forecast: BIMCO expects the fourth quarter to be a difficult one, with volumes going down from recent highs. This may also mean idling vessels becomes more normal again as they are removed from stings or simply temporarily abundant as volumes tighten. During the first half of 2010 the container trade has made a remarkable comeback. Rates have doubled on many routes and volumes have returned from the abyss to the benefit of many owners who have switched from red ink to black as a result of this.

Tanker Shipping - Tanker markets are in limbo – waiting for a better demand environment to make the day

12 August 2010

Demand: EIA has revised their oil demand forecast upwards for 2011. Global oil demand in 2011 is now expected to rise by 1.3 million barrels per day (MB/day) to 87.8 MB/day assuming consensus trends in the global economy, crude prices development and possible efficiency gains. Growth will be driven entirely by non-OECD countries (+3.8% or +1.6 MB/day), while the OECD sees resumed decline (-0.5% or -0.2 MB/day). The outlook for 2010 remains unchanged at 86.5 MB/day (+2.1% or +1.8 MB/day versus 2009).

Nicholas Kazaz

12 January 2021

Nicholas is a Senior Associate at HFW, where he focuses on international commercial dispute resolution, specialising in offshore oil & gas, energy, and marine. He focuses on disputes arising from installation contracts, charter parties, bills of lading, shipbuilding, rig disputes, towage, collisions, salvage, general average, groundings, total loss, and limitation. Clients he advises include: energy companies, cable owners and operators, contractors, shipowners, charterers, shipyards, ship managers, brokers, and insurers / P&I Clubs. His experience extends to all the major arbitral institutions including LCIA, ICC, SIAC, SCMA, LMAA, ad hoc arbitration, and the English courts. Nicholas has particular experience of drafting and negotiating a range of contracts in the offshore energy and marine sectors, including BIMCO SUPPLYTIME, TOWCON and BARGEHIRE, LOGIC contracts, and other standard contracts, as well as bespoke contracts. Since joining HFW, Nicholas has undertaken secondments in Australia (to HFW's Perth Office with a focus on the Offshore / Oil & Gas / Commodities sectors), to the in-house legal team of a major international tanker owner, to an International Group P&I Club / Insurer, and a leading insurance broker. Nicholas is qualified in England and Wales.

Nick Barber

24 October 2018

Nick is Partner at Stephenson Harwood. Nick specialises in disputes arising from casualties and has extensive experience of handling the “front end” investigation, both from the office and on site. In particular, Nick handles claims following collisions, explosions and fires, groundings, salvage and general average, coverage advice and charterparty disputes.