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November 26, 2020
Letters of Indemnity – a necessary evil?
Let’s start with the obvious question – what exactly is the Letter of Indemnity (LOI) and why is it important? Very simply, it is a contract which states that a party (in many cases the vessel charterer) will indemnify the other (usually the ship owner) for the... Read more >
November 20, 2020
IMO approves draft amendments to MARPOL Convention to cut ship carbon emissions
Whilst all eyes in the UK are on Boris Johnson’s recent announcement to bring forward the ban on sales of diesel and petrol vehicles to 2030, ship owners will be taking note of recent IMO proposals to amend the MARPOL Convention. These changes would force ship owners... Read more >
November 18, 2020