Vessel owners rarely carry cargo for their own account. More commonly by far, a vessel owner will charter its vessel to another party to carry their (or their sub-charterer’s) cargo. The contracts can vary widely – from voyage charters or contracts of affreightment to time charters to negotiable bills of lading (not to mention the more complex arrangements that one often sees for container
Britain on Monday warned Iran that if it wants to "come of the dark" then it must follow international rules and release a British-flagged vessel seized by the Islamic Republic in the Gulf. UK rejects 'barter' for release of Iranian Tanker."If the Iranians want to come of the dark and be accepted as a responsible member of the intentional community they need to adhere to rules-based system of
A crewmember from the cargo vessel BBC Campana was airlifted approximately 10 miles offshore of Galveston, Texas, Monday after he was reportedly found unresponsive by the crew, the U.S. Coast Guard said.The Coast Guard said its Houston-Galveston watchstanders received a request from the captain of the cargo vessel BBC Campana for the medevac of the 34-year-old male crewmember.
Excelerate Energy and Maran Gas Maritime have signed a five-year bareboat charter agreement (BBC) for the floating storage regasification unit (FSRU) hull 2477.During the five-year BBC Excelerate will have the option to purchase Hull 2477. MGM is currently building Hull 2477 at Daewoo Shipbuilding and Marine Engineering (DSME) shipyard and is scheduled for delivery in April 2020
The floating, production, storage and offloading (FPSO) service provider in Malaysia, Yinson Holdings Bhd has been awarded a contract extension for its Lam Son FPSO for operations on the Lam Son field, located offshore Vietnam."On 30 September 2019, PTSC AP has entered into a fourth addendum to the BBC Interim Contract with PTSC to further extend the tenure of the BBC Interim Contract for a
German shipping services company BBC Chartering has announced that Ulrich Ulrichs has taken over the CEO position from Svend Andersen as announced in May of this year."The shareholders would like to thank Svend Andersen for his many years with BBC Chartering and his contribution to develop and grow the company to become the market-leading operator of multipurpose and heavy lift vessels
The NGO Shipbreaking Platform said that there were a total of 193 ships broken in the second quarter of 2019 and the 146 of these were sold to South Asian scrapping beaches. South Asian working conditions are known to be dire and breaking practices cause irreparable damage to the coastal environment, it added.
Port authorities tried to right a capsized ship on Monday to rescue thousands of sheep trapped below deck in the Black Sea off Romania.The Palau-registered Queen Hind flipped onto its side shortly after leaving Romania's Midia port en route to Saudi Arabia on Sunday. Its crew, most of them Syrians, were rescued.