1967 results:

Ship managers - limit your liability NOW!

The standard ship management agreement, BIMCO Shipman, has been around for over 20 years. The current version is BIMCO Shipman 98 and it is expected that another version will be published very…

Welcome to the shipbroking edition of The Wire.

Inevitably, recent times have been dominated by the fall in shipping markets. These articles, therefore, mainly reflect the difficulties created by the current economic situation. Many brokers have…

Problem Valuations

In the current market it is inevitable that some principals will simply be disappointed by the broker’s view of what their ship is likely to obtain. The fall in values may create issues due to the…

Rule B Attachments and Shipbrokers

Peter Clark www.navlaw.com The recently reported Harvey Mullion v. Caverton case, 2008 AMC 2361 (S.D.N.Y. 2008) raises a point of some importance to those engaged in the shipbrokerage business. The…

Commission on renegotiated Charterparties

The current market conditions have led to a number of charterparties being renegotiated. The new business that emerges may simply be at a different hire rate or for a different period. Another common…

Missed Messages, Claims and Notices - Practical Loss Prevention Advice

The volume of emails received by some shipbrokers is simply staggering. The missing of time sensitive messages, out of the hundreds received daily, is a major source of claims against…

Mediation - A natural role for Shipbrokers

The Baltic Exchange and the London Maritime Arbitrators Association ("LMAA") are currently promoting a mediation scheme. Mediation is a form of assisted negotiation and involves the…

Agents in post conference era

After 133 years, the Regulation 4056/86 which allowed shipping companies to apply common and uniform rates in return for providing reliable services came to an end on 18 October 2008 in Europe. The…

Contractual Responsibilities and Signing Off

In response to the fall in global freight rates, ITIC has noticed that some port authorities are attempting to place greater responsibility on local ship agents. We have recently seen one…

España es el primer país en ratificar las Reglas de Roterdam

“La Convención de las Naciones Unidas sobre Contratos para el Transporte internacional de mercancías parcial o totalmente por mar”, conocida mejor como las “Reglas de Roterdam” fue adoptada por el…