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Chasing after a delinquent charterer

by | Aug 25, 2010 | Shipping

The owner of the 53,609 dwt Supramax bulk carrier Paguera (shown above) and the disponent owner of the 51,215 dwt Papillon have withdrawn their ships from long-term time charters with Emirates Trading Agency LLC (ETA), a company registered in Dubai. ETA is said to owe more than US$10 million to Bremen-based HARPA Bulk Shipping & Management GmbH & Co. KG, which manages both ships. (more…)

Gulf oil spill: impact on charterparties

by | Jul 17, 2010 | Nature and the Environment

The Deepwater Horizon oil spill in the Gulf of Mexico has prompted a flurry of queries from members of the UK Defence Club about safe ports, time and voyage charterparties and hull fouling. The Club has responded with advice in its latest ‘Soundings’ bulletin while acknowledging that the situation—and official requirements—can change suddenly. (more…)

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