Carriers accused by two shippers’ associations of contract breaches

A joint letter to the Competition Directorate of the European Commission (EC) from, the European Freight Forwarders Association (CLECAT) and European Shippers’ Council (ESC) has claimed that carriers have breached long- and short-term contracts by charging higher than agreed prices for shipments. The claim came amidst a significant increase in Asia-Europe container spot rates. The…

The post Carriers accused by two shippers’ associations of contract breaches appeared first on Insurance Marine News...

https://insurancemarinenews.com/insurance-marine-news/carriers-accused-by-two-shippers-associations-of-contract-breaches/

Removal of containers from ONE Apus progressing at only 10 per day

The Japanese operator of container ship ONE Apus (IMO 9806079) – Ocean Network Express (ONE) – has said that the process of removing collapsed container stacks from the vessel was now under way at the port of Kobe, Japan, but that the work was progressing only slowly Surveyors contracted to inspect...

https://insurancemarinenews.com/insurance-marine-news/removal-of-containers-from-one-apus-progressing-at-only-10-per-day/

Iran tells South Korea not to make seized vessel a political issue

In the ongoing dispute over Iran’s seizure of chemical/oil products tanker Hankuk Chemi (IMO 9232369) last week, Iran told South Korea at the weekend not to “politicize” the seizure, while simultaneously demanding the release of $7bn in Iranian funds held in South Korea. South Korean vice foreign...

https://insurancemarinenews.com/insurance-marine-news/iran-tells-south-korea-not-to-make-seized-vessel-a-political-issue/

Winter LNG Boom Creates Most Expensive Cargo Ships in History

An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities.

Spot rates have more than tripled in the past month, with BP Plc last week paying $350,000 a day to charter an LNG tanker to pick up a cargo from the U.S. The previous high for any kind of commodity carrier was set in late 2019 when a crude supertanker was booked for daily earnings of $308,000, according to data compiled by Clarkson Research Services Ltd., a unit of the world’s biggest shipbroker.

https://www.ttnews.com/articles/winter-lng-boom-creates-most-expensive-cargo-ships-history

Gard: Maritime security recommendations for operations in the Persian Gulf

The Round Table of Industry Associations and OCIMF have jointly published a set of recommended risk mitigating measures for vessels operating in the Persian (Arabian) Gulf, Gulf of Oman, Gulf of Aden and Red Sea. The January 5th move was a response to the December 31st 2020 incident, where a...

https://insurancemarinenews.com/insurance-marine-news/gard-maritime-security-recommendations-for-operations-in-the-persian-gulf/

Argentina union ends 29-day strike, freeing up soy exports

Grain inspectors and tugboat pilots in Argentina have ended nearly month-long strikes that had blocked exports of soy, for which Argentina is one of the world’s major supplier. Grain inspectors had been picketing at port entrances in a protest over pay, causing delays to shipments. Argentina is the...

https://insurancemarinenews.com/insurance-marine-news/argentina-union-ends-29-day-strike-freeing-up-soy-exports/

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