BIMCO adopts standard clause to address USTR actions

BIMCO adopts standard clause to address USTR actions
The Documentary Committee of BIMCO, the world’s largest shipping association, has adopted a standard clause aimed at addressing contractual uncertainties that may arise from the United States Trade Representative’s (USTR) Notice of Actions to impose fees on...
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Newbuildings: “Green” Ships Are in Demand

Newbuildings: “Green” Ships Are in Demand
Ships which can be seen as “future-proof” are the most in demand from ship owners looking to place newbuilding orders. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Chinese company Fujian GuoHang Ocean placed an order of 2 x...
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