Carriers are trapped in a ‘prisoner’s dilemma’ of needing to compete with rival’s ship orders instead of investing in services
MPC Maritime Investments GmbH buys three Panamax-sized containerships for USD 42 million.
El navío, posiblemente griego, puede ser el más antiguo jamás encontrado en ese estado de conservación
APL will apply Container Maintenance Charge (CMC) as follows:
Origin: All origins
Effective Date: 1 December 2018
1. Collect at destination
2. Not applicable for SOC
Please contact your local APL representative or local customer service at +62 21 2854 6996 if you require any...
OSV giant starts talks with lenders to boost liquidity ahead of “challenging” period.
The new lease accounting standard, IFRS (International Financial Reporting Standards) 16 Leases, comes into effect for periods beginning on or after January 1st 2019, accountancy and consulting firm Moore Stephens has reported. IFRS 16 will have most impact on lessees, for whom it removes the...
Norway’s Aker Solutions has been awarded a NOK1.7bn ($205m) order from China National Offshore Oil Corporation (CNOOC) to provide the subsea production system and umbilicals for the Lingshui 17-2 gas field. The subsea production system for the Lingshui 17-2 field consists of 11 horizontal subsea...
Standard Club has noted that its members were regularly exploring new opportunities in diverse territories and thus frequently needed to ask how the law in a particular jurisdiction might impact the enforceability of key contractual provisions. Standard Club has therefore produced a list of key...