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Remember to complete the fuel oil quality and safety survey before 6 May

24 April 2020

The IMO 2020 global sulphur regulation for marine fuel oil has now been in force for over three months. BIMCO, ICS, INTERCARGO and INTERTANKO are calling on fleet- and vessel managers, as well as technical superintendents, to share their insight and experiences with the new IMO 2020 compliant fuels.

Industry survey shows switch to low-sulphur fuel has not been without problems

19 August 2020

The maritime industry’s transition to the sulphur regulation from the International Maritime Organization (IMO) which came into force on 1 January 2020 has not been without problems. Since fuel oil properties are fluctuating, it is expected that quality and safety problems will continue to be a challenge for the global shipping industry.

Letters of Indemnity 180 Seminar

17 March 2023

The bill of lading is a key document. It is issued by the carrier to a shipper and serves as a receipt for goods shipped, evidence of the contract of carriage, and a document of title. It is an important document in international maritime trade as it serves as proof of ownership and provides legal protection for both the shipper and the carrier. It also serves as an invoice for payment and can be used to obtain insurance coverage. A letter of indemnity is a document used in international maritime transportation to protect the carrier from any financial losses or liabilities. It is typically used when the carrier is asked to release the cargo without the original B/L available upon arrival at the discharging port if the cargo destination is changed or the cargo is traded and split up. The letter of indemnity serves as an agreement between the shipper and carrier that the shipper will be responsible for any losses incurred due to their negligence or lack of documentation.