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 […]
Read more >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 […]
Read more >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 […]
Read more >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 […]
Read more >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 […]
Read more >This is a good question and it was asked of us by a potential client when we did a demo recently. It may well be your company policy to develop your own systems but it may not be the best way of doing it today. Of course I would say that because I want to sell […]
Read more >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 […]
Read more >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 […]
Read more >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 […]
Read more >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 […]
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