BIMCO Pushing the (port) Boundary

19th September 2013 phil Demurrage 3 Comments

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 […]

Stripping Cargo Tanks and Demurrage

3rd September 2013 phil Asdem Newsletters 3 Comments

This post first appeared in the September 2013 Asdem Newsletter.  To see this Newsletter please go to www.asdem.co.uk and look for the ‘Newsletters’ tab Stripping cargo tanks is carried out to ensure that as much cargo as possible is discharged. Normally the vessel will use stripping pumps and lines for this purpose as they will reach the last drop of […]

Code of Practice Revisited

3rd September 2013 phil Asdem Newsletters 0 Comments

This post first appeared in the September 2013 Asdem Newsletter.  To see this Newsletter please go to www.asdem.co.uk and look for the ‘Newsletters’ tab Earlier this year I was interested to hear that Intertanko were calling for a code of conduct for freight and demurrage as they claim Owners are waiting longer for their money these days. I have heard that […]

ARA Barges Workshop Amsterdam May 2013

1st August 2013 phil European Barges 0 Comments

I was delighted to be invited to this event in Amsterdam earlier this year.ESS, or Electronic Shipping Solutions to give them their full name, have been developing electronic Bills of Lading and associated documents for a number of years, and whilst the idea of eB/Ls have been around for a while ESS have certainly succeeded […]

Where is that Barge?

1st August 2013 phil European Barges 2 Comments

I was interested to learn that a group of companies under the umbrella of LEAP are looking at a standard format for Barge Receipts and Timesheets.  This is a good thing and I commented on this in Asdem’s Oil Barge Newsletter No.3 although it may take some time to get adopted at all terminals. I […]

How is the Demurrage Rate Agreed?

4th July 2013 phil Demurrage 0 Comments

I am often asked how a demurrage rate is determined in a charter party.  I reply that it is similar to fixing the freight rate but there are some differences. How is the freight rate agreed?  This is determined by two factors; the size of the vessel and the state of the market. Most freight […]

Asdem International Conference on Tanker Demurrage

27th June 2013 phil Demurrage 2 Comments

In May I attended the 11th International Conference on Tanker Demurrage and here is my account of what what went on.  I have attended almost all of these conferences since they started and I think this was one of the best amongst them for the content and quality of speakers.   David Clark, lawyer at Waltons […]

AN INCREASE IN PUMPING DISPUTES?

1st May 2013 phil Asdem Newsletters 0 Comments

This post first appeared in the May 2013 Asdem Newsletter.  To see this Newsletter please go to www.asdem.co.uk and look for the ‘Newsletters’ tab In March I wrote a blog (www.hubse.com) about the changes to the pumping clause in ExxonMobil VOY2012 where, in an interesting move, the pumping clause has been changed so that it is now incumbent on Owners […]