2017 – Elias Marine Consultants Ltd

Want to ensure that Charterers pay their hire?

It has not been unknown in recent years for some of the largest and well known Charterers to fail with little, if any, warning. When this happens, Owners who are owed money by their Charterers, for example for unpaid hire, may find themselves with limited options for the recovery of their losses. Where the Charterers are insolvent or have no assets, it is likely that recovery will be remote.The following steps should be taken into consideration to ensure that the Charterers pay their hire and Owners are protected as much as possible:

Liquefaction: shipping industry response*

The dangers associated with the carriage of solid bulk cargoes are undoubtedly one of the decade’s hot issues in the shipping industry. Some of the titles that circulated over this decade convey the alarming threats that have shaken the dry cargo-shipping sector, such as: “Cargo liquefaction still a problem”, “Club move to stop liquefaction losses”, “Crew safety should come first”, “Dealing with the unusual”, “Drive to cut liquefaction losses”, “Handle with care” and “Preventing liquefaction tops concerns”, to name a few.

PRIVATISATION OF LIMASSOL PORT

UPDATE: 15/02/17

PRIVATISATION OF LIMASSOL PORT
Further to our update of 10^th February 2017 on the privatisation of Limassol Port, the latest information on the situation is as follows:

On 14^th February 2017 trailer truck drivers gathered at the entrance of the port at around 10am, blocking vehicles from passing through. The drivers were protesting over the long delay in transferring containers and generally the slow service at the port since the privatisation on 29^thJanuary 2017.