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When is a guarantee not a guarantee?
November 25, 2019

When is a guarantee not a guarantee?

Sadly, we see many cases where clients enter into charters on the assumption that their counterparty risk is guaranteed only to find out later that the “guarantee” is effectively worthless. Earlier this year the English Courts provided valuable guidance on how to... Read more >
The importance of paying hire on time!
October 15, 2019

The importance of paying hire on time!

It seems that the days of tardy hire payments may be over, at least in some sectors where spot markets are booming and predicted to remain high. Tanker operators have for many years struggled to survive in a market where spot rates have long been below operational and... Read more >
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