In the Pan Ocean Co Ltd v. Daelim Corporation (DL Lilac) [2023] EWHC 391 (Comm) charterparty dispute, the arbitral tribunal found that the charterer was in breach of an implied obligation to have the holds re-inspected without delay after a failed inspection and they...

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Data from Clarkson shows this niche area is outperforming the rest of the shipping market, with 38 newbuild PCTCs ordered in 2021 and 90 more in 2022. The rise rests on several factors: limited shipping capacity, an increase in trade of vehicles since late 2020, the...

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The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, gained for the third straight week, helped by higher rates for all vessel segments, largely capesizes. The overall index, which factors in rates for capesize, panamax...

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Demand for iron ore declined during 2022, bringing export volumes down in most major markets, Brazil included. In its latest weekly report, shipbroker Banchero Costa said that “2022 was a rather negative year for global iron ore trade, primarily due to weaker demand...

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Following an increase in false certificates in circulation claiming to offer International Marine Contractors Association (IMCA) approved ROV training courses, IMCA has introduced a new scheme to address the safety concerns of this unauthorised activity. The new...

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Nautilus International, the union for maritime professionals, has called on government to work with unions rather than attack them in the lead up to the anniversary of P&O Ferries’ mass-sacking on 17 March. P&O Ferries exploited significant loopholes in UK...

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