maritime service

Maritime shipping still on troubled waters

Chart of the Week: Freightos Baltic Daily Index – China to North America West and East Coast  SONAR: FBXD.CNAW, FBXD.CNAE

Spot rates for shipping forty-foot equivalent containers over the ocean from China to North America hit their highest levels since the summer of 2022 and are still climbing. Supply chain disruption has returned to the maritime industry, but how does it compare to the pandemic era and is it sustainable?

Reliable sourcing drives efficiency in any company’s supply chain. If goods...

https://www.freightwaves.com/news/maritime-shipping-still-on-troubled-waters

Warranty of Workmanlike Performance Key for Ship Repairers

  • The U.S. Court of Appeals for the Fifth Circuit recently reminded the legal community.
  • It is that liability for breach of the implied warranty of workmanlike performance (WWLP) is strict, and damages can end up being much more than anticipated.
  • Contracts of ship repairers fall under admiralty jurisdiction and are therefore subject to doctrines of general maritime law.
  • The implied warranty of workmanlike performance is one of those doctrines.

A recent news sources based out from Lexology...

https://mfame.guru/warranty-of-workmanlike-performance-key-for-ship-repairers/

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