The Baltic Exchange Rugby Club had its first outing for a number of years at the Wimbledon Seven’s last weekend.
A great night was had by all who attended last week’s Baltic Exchange Chairman’s Cocktail Party at Christ Church, Spitalfields. Photos can be viewed at www.flickr.com/photos/thebaltic/sets/
The sun shone and the setting was positively Mediterranean as ten teams assembled for BESA’s annual weekend of inter-company racing.
An overhaul of the IMO code relating to gas carriers should be carefully digested by those in the LNG and LPG trades, while amendments to stability rules, SOLAS and fire safety cast a wider net with the potential to affect all ship types.
Revisions to BIMCO’s voyage and time charterparty clauses in relation to the IMO’s International Ship and Port Facility Security Code can lead to confusion on who is liable for certain payments if all parties are not clear on the version in use.
The Baltic Exchange has been given 10 complimentary places for members to attend Defence IQ’s Geospatial Intelligence for Maritime Operations event which takes place in London on 24 June. See www.geospatialportoperations.com for further details or contact firstname.lastname@example.org
Three recent decisions from the Hong Kong courts have opened up the possibility of invoking the admiralty jurisdiction of the Court for certain claims from ship managers.
Ratings specialist Moody’s has seen reasons to be cheerful in its short term outlook for the shipping industry altering its outlook from ‘Negative’ to ‘Stable’. But a myriad of concerns remain meaning that the award of the sought-after ‘Positive’ outlook is still some way off reports Carly Fields, Baltic Exchange editor.
The Court of Appeal’s reversal of a controversial decision on off-hire by the Commercial Court makes both legal and practical sense and allows owners and charterers to return to the traditional test for off-hire.