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The Role of General Average in Shipping
.Accidents such as this may require General Average, but it depends on some factors “General Average” is a term used...
QUESTION OF THE WEEK: Can A Shipper And Consignee Be The Same Party On A Bill Of Lading?
The simplest answer to this question is, “yes” and “no.”The two parties can be basically the same. This is to...
What Is Fund Convention – 15 Things Everyone Must Know (Part 3)
9. Functions and Management of the Fund ConventionThe Fund Convention operates the International Oil Pollution Compensation (IOPC) Fund. IOPC is...
WEEKLY MARINE INCIDENTS:
.The MSC Container ship; Elsa 3 that was approached by pirates last week in the Gulf of Guinea Warning Shot From...
INCREDIBLE: Retired Captain May Face Extradition For Port Of Beirut’s Seizure Of Cargo 7 Years Ago
In a development all too familiar for mariners, the former captain of the freighter; Rhosus has been flagged for extradition...
WHO Reports Large Shortage Of Coronavirus Vaccines
The world is facing a severe shortage of vaccines against Novel Coronavirus (COVID-19), leading to inequalities among a number of...
COVID: Facial Paralysis After Pfizer Vaccine Rare Complication -Medic
Facial nerve paralysis experienced after receiving the Pfizer/BioNTech vaccine shot against COVID-19 is a rare complication, an official has said.Prof....
MSC Says It Will Pony Up to Avoid General Average in Maersk Elba Fire
.File photo of Maersk ElbaMSC Mediterranean Shipping Company is taking the unusual step of covering costs related to the fire...
Tanker Scrapping To Rebound From 23-Year Low
More than 90 vessels in excess of 34,000 dwt are forecast for scrapping in 2021, compared with only 25 last...
US Votes $19.6 Million As Small Shipyard Grants
The U.S. Department of Transportation’s Maritime Administration (MARAD) yesterday announced the availability of $19.6 million in Federal funding for U.S....
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