sysop

Six-Hours Notice Time for LPG Charters

February 18, 2013

An interesting question recently arose by a delegate in HC’s Advanced Demurrage training course that I would like to share with my readers: “With regard to the Notice of Readiness (NOR), if a LPG charter requires the Vessel to take product for conditioning/gassing up, when does the six hours free …

CMA Shipping 2012 — Arbitration Game Changers

March 23, 2012

Due to conflicts, it’s been three years since I last attended this hallmark shipping conference in Stamford, Connecticut, and I was happy to be back this week after my hiatus.   It’s tough to beat this annual opportunity to meet and reunite with the drivers of the global shipping community in …

Restraint of Princes – Did the London Arbitrators Get it Wrong?

December 28, 2010

I just read the recently published London Arbitration 20/10 with great interest.  It involves two demurrage issues which arose under a voyage charter fixed on an amended Asbatankvoy charter form for the carriage of fuel oil from Indonesia to Thailand. The demurrage issue of particular interest to me pertains to …

Brazilian Statement of Compliance (SOC) Certificate

November 18, 2010

Recently we were asked about the meaning of Brazil’s Statement of Compliance for Oil Transport (“SOC”) certificate and how it affects laytime. Although we are familiar with charter party clauses addressing an SOC inspection, we needed to research the underlying purpose of the certificate, the method for procuring it, and …

Demurrage Benchmarking Study

January 22, 2010

Haugen Consulting (HC) was first approached a year ago by an oil major who was interested in HC conducting a demurrage benchmarking study with their peers. The project is a natural fit for our company as we are an international independent demurrage consulting firm and thus naturally well-versed in the …

NPRA 2010 – International Petrochemical Conference

December 23, 2009

San Antonio is the quintessential destination for the annual NPRA meeting and so I’m looking forward to attending the upcoming 2010 International Petrochemical Conference being hosted there from March 28th-30th. It’s a great opportunity to put in face time with current clients, meet prospective new clients, and catch up with …

Fast as Can (FAC) – What are the Parameters?

December 7, 2009

Our office has seen a couple of disputes arise under contracts that stipulated laytime as “Fast as Can” (FAC) because on the surface this term appears ambiguous as to which party (the Vessel or Terminal) is responsible for loading/discharging the cargo as fast as possible. Let me explain. FAC is …

Economic Seasons

September 2, 2009

For everything there is a season. Each summer brings a respite for body and spirit; a chance to engage in outdoor activities whether gardening, sports, or simply relaxing and reading novels at the beach or pool. But all things must come to an end. The barn swallows that lovingly built …

Big Apple

June 15, 2009

Before more time evaporates I want to recount my recent whirlwind of activities in the New York area where I had the fabulous opportunity of mixing business and pleasure encompassing a niece’s wedding, teaching HC’s tanker ops and demurrage classes, participating in the 2009 Fort Schuyler Maritime Alumni Golf Outing, …

Another Day Another Dollar

May 29, 2009

Does the adage, another day, another dollar, still ring true? The slowdown in the economy has seen many companies, in and outside the maritime community struggle to stay afloat (no pun intended) during these tough times. This can be both good and bad. Clearly, on the downside is the fact …