Author: phil

Spring is on its Way

8th January 2015 phil Demurrage 1 Comment

This article appears in the January 2015 Asdem Newsletter.  To see this Newsletter please go to www.asdem.co.uk and look for the ‘Newsletters’ tab and to subscribe to their mailing list email info@asdem.co.uk   please add your comments here

When does Undisputed Demurrage Become Disputed Demurrage?

9th October 2014 phil Demurrage 2 Comments

Vessels heading to West Africa often incur lengthy delays as the nature of the trade now dictates that discharge is to a series of lightering vessels to several different final receivers.  Clearly delays due the timing of these lighter vessels combined with weather and other operating problems means that the mother vessel could be waiting […]

How Much Laytime does Deadfreight Buy You?

9th October 2014 phil Laytime 2 Comments

In the deep sea tanker trade laytime is normally agreed as x number of hours for loading and discharging.  ‘x’ is frequently 72 hours and would be if fixed on the basis of Worldscale Hours Terms and Conditions but of course it can be much more or much less depending on the size of the […]

Quarantine and Free Pratique

3rd September 2014 phil Asdem Newsletters 0 Comments

This post first appeared in September 2014 Asdem Newsletter.  To see this Newsletter please go to www.asdem.co.uk and look for the ‘Newsletters’ tab The outbreak of Ebola is a tragedy for the people of West Africa and I hope the virus can soon be contained and those infected treated effectively. I’ve been looking at how this may affect laytime […]

Pick Up The Phone

6th January 2014 phil Asdem Newsletters 0 Comments

This post first appeared in January 2014 Asdem Newsletter.  To see this Newsletter please go to www.asdem.co.uk and look for the ‘Newsletters’ tab   Towards the end of last year the newspapers reported on research with the headline that almost 40% of 18-24 year olds were nervous of using the telephone. To read more on this survey check out […]

Virtual Arrival Clauses

6th January 2014 phil Asdem Newsletters 1 Comment

This post first appeared in the January 2014 Asdem Newsletter.  To see this newsletter please go to www.asdem.co.uk and look for the ‘Newsletters’ tab Those of you who attended last year’s Asdem Demurrage Conference and heard Simon Rickwood from BP Oil International give his paper on Virtual Arrival were probably eagerly waiting for BIMCO to issue their Virtual Arrival […]

LTOPS is Coming!

23rd December 2013 phil LTOPS 0 Comments

Put the date in your diary! The London Tanker Operations Party will take place Friday January 31st 2014.  The working group has reformed and are currently putting things together for the 23rd party which will take place at the same venue as last year, the Honourable Artillery Company HQ, City Road, London. As readers of […]

Evenly Spread

6th December 2013 phil Asdem Newsletters 0 Comments

This post first appeared in the Asdem Oil Barge Newsletter December 2013.  To see this Newsletter please go to www.asdem.co.uk and look for the ‘Newsletters’ tab   Disputes can arise with the term ‘Evenly Spread’ when there is a series of lifting/deliveries under a contract. The contract may say: 20,000mt per month. Liftings to take place evenly spread – minimum lots […]

Force Majeure Clauses

19th September 2013 phil Demurrage 0 Comments

I came across an article a couple of weeks ago in Tanker Operator http://www.tankeroperator.com/ViewNews.aspx?NewsID=4664 ‘World’s “Hot Spots” Cause Havoc’.  The article relayed the report from McQulling Services which indicated that continued unrest in Egypt could affect tanker demand if there was disruption to the Suez Canal.  The article also mentioned disruption in Libya, Iraq and […]