Oil Operations & Demurrage Conference 12th & 13th May 2022

Posted Leave a commentPosted in Demurrage, Laytime, Media, News Items, Operations, Time Bars & Nominations

HubSE Demurrage (Hub Software Engineering Ltd) together with Pequod Associates Ltd and Minton, Treharne & Davies Group are proud to announce their inaugural London Conference. We’ve all been locked up for too long and it’s now time to reconnect with your industry colleagues face to face.  The conference takes place in Richmond upon Thames, a […]

Demurrage and Spreadsheets: why it might be time to get rid of your spreadsheets

Posted 2 CommentsPosted in Claims Management System from Hubse, Demurrage, European Barges, Laytime, Technology

This article by Phil Stalley first appeared in Trade Finance Global and you can see the article here. Though you may be familiar with the terms demurrage and detention in the context of the container business, this article will be focusing on the process of laytime and demurrage in those cases where the vessel is […]

Force Majeure Clauses

Posted Leave a commentPosted in Demurrage

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 […]

BIMCO Pushing the (port) Boundary

Posted 3 CommentsPosted in Demurrage

There was an important announcement last week from BIMCO when they published ‘Laytime Definitions for Charter Parties 2013 (Laytime Definitions)’ which they have produced together with the Comité Maritime International, the UK Chamber of Shipping and FONASBA and the document has been endorsed by each of the mentioned organisations.  The definitions together with the Special […]