Charterers

Charterers Condemned As ‘No Crew-change Clause’ Mount Seafarer Crisis

Charterers of vessels have found increasingly sophisticated ways to avoid crew changes and compound misery for hundreds of thousands of seafarers stuck at sea by the pandemic, reports Lloyd’s List.

No crew change clause

Seafarer unions, United Nations organisations and the shipowners’ global trade association concede that despite best efforts, the application of ‘no-crew change’ and ‘no-deviation’ clauses in spot charterparties remains widespread.

“When the market is against the owner and you are...

https://mfame.guru/charterers-condemned-as-no-crew-change-clause-mount-seafarer-crisis/

Charterers To Go Picky Over New IMO Carbon Rules  

  • New efficiency standards to squeeze tonnage supply
  • Charterers may embrace only efficient ships
  • Onus on shipowners to face carbon conundrum

Draft amendments to the International Maritime Organization’s mandatory rules on reducing carbon in existing ships by 2023 are likely to result in new clauses in charter party agreements that could make hiring ships challenging, says an article published in Platts. 

The move is expected to give a strong push to the scrapping of old tonnage and expand the...

https://mfame.guru/charterers-to-go-picky-over-new-imo-carbon-rules/

Transparency The Key To Crew Change Challenge, Says BIMCO

A recent article published on BIMCO website says transparency and dialogue between owners & charterers is the key to crew change challenge.

Freedom of contract

Shipping is essentially a marriage between the commercial interests of charterers who hire ships to transport cargoes, and shipowners who operate ships for commercial gain. 

The relationship between owners and charterers is governed by freedom of contract – the ability to freely negotiate contractual terms based on each parties’ respective...

https://mfame.guru/transparency-the-key-to-crew-change-challenge-says-bimco/

Crew Change Has Become the New ‘Pass the Parcel’ Game

  • Charterers state that vessels should not have any seafarers who have been serving onboard continuously for more than 12 months.
  • Charterers are increasingly requesting for a ‘no crew change’ clause to be inserted into charter parties.
  • Crew change is the new pass the parcel game with governments who rely on seafarers for the importation of cargo needed by their populace.

Charterers are now discriminating against ships which have long-serving crew onboard rather than risk their cargo being...

https://mfame.guru/crew-change-has-become-the-new-pass-the-parcel-game/

Crew Changes To Get Harder With These ‘Dire Strategies’

  • Charterers and owners are not showing themselves in a good light in terms of helping out with shipping’s humanitarian crisis at sea.
  • Charterers are requesting for a ‘no crew change’ clause to be inserted into charter parties, demanding owners pick up the cost related to deviation and time lost.
  • BIMCO has developed a ‘deviation clause,’ which seeks to share some of the financial burden of getting crew repatriated during the coronavirus pandemic.

Splash247 reports of the different tactics that...

https://mfame.guru/crew-changes-to-get-harder-with-these-dire-strategies/

Shipowners Worried As Containership Hiring Declines by 50%

According to a LoadStar article written by Mike Wackett, ocean carriers’ optimism is being driven by higher freight rates and cheaper fuel – but tumbling charter hire costs are proving to be the icing on their cake.

50% Slump in Hiring

According to a recent Alphaliner report, containership daily hire rates have slumped by up to 50% since the coronavirus pandemic wrecked global demand and led container lines to off-hire surplus tonnage and decline extension options.

“Tonnage providers are looking...

https://mfame.guru/covid19-shipping-impact-gets-hard-to-bear-for-containership-owners-as-rates-tumble/

Coronavirus Making Charterers Switch To Bulk Freight As Rates Wreak Havoc!

  • Blank sailings have made it impossible for the containers to reach in time in the US
  • Shippers are at a shortage of container boxes at Europe and US as coronavirus keeps Chinese ports inaccessible
  • This has hit the dry cargo sector and they are witching to bulk chartering instead of going for containerized freight.
  • This switch has led to unlikely contenders for bulk chartering like Pakistan who until now was relying on containerized freight

According to a Platts report, dry cargo exporters are...

http://mfame.guru/coronavirus-making-charterers-switch-to-bulk-freight-as-rates-wreak-havoc/