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1971 results:

RIOTOUSLY USEFUL COVER

There are occasions when events outside a ship broker’s control can scupper the hard work which has secured a fixture. A tanker broker fixed a ship on a voyage basis to lift two million barrels of…

MAJOR WITHDRAWAL

A ship manager was appointed to provide technical and crew management for a pair of newly-built tankers, which were fixed on period charters. The charterparties stipulated that the ships should at…

LUXURY LIABILITIES

A surveyor carried out a pre-purchase survey and sea trial on a yacht in the Indian Ocean, and a joint survey to confirm the condition of the vessel prior to handover to the new owner in the…

Paper-chase

A broker was engaged to arrange two connected transactions in forward freight agreements (FFAs): one was to buy the average of the Panamax indices for the second quarter of the year, and the other…

SOUTH AMERICAN SHIP ARREST

Following a voyage to South America, cargo receivers commenced an action against the ship owner for damage to cargo. The ship owner’s P&I Club appointed its local correspondent (a Member of…

Trouble with tugs

Trouble with tugs

A naval architect’s client commissioned the design of a tug but did not immediately build it. Two years later, the client contacted the naval architect and asked them to update the specification.…

SMUGGLERS CAUSE AGENT TO LOSE BOND

The port agent generally has to put up a customs bond to allow a vessel to call at a US port. A small bulk carrier sailed from Haiti bound for Florida and entered the port of Tampa under the auspices…

OILY PROBLEMS

A number of governments are increasingly involving the private sector in their research and development. A ship manager contracted with the owner of an experimental hull platform to manage, operate…

LNG - Safety @ Sea?

MEMBERS MAY have seen reports in the shipping press regarding the worldwide shortage of LNGtrained crew and the effect that this may have on safety. A major concern has been that commercialpressures…

Asbestos Exposure

A SHIP MANAGER received a formal notice of claim from a firm of solicitors representing a ship’s engineer. The letter of claim explained that this gentlemen had been employed by the ship manager some…