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The TANKVOYager
Tanker Ops and Demurrage Training
 
Historical and Real-Time Vessel Tracking

The TANKVOYager

Subscribe to Haugen Consulting's concise electronic quarterly newsletter, The TANKVOYager, for information relative to the bulk liquids shipping industry including, but not limited to, the following topics:

  • New York and London Arbitration Awards
  • Tanker Updates
  • Port News
  • Forecasting
  • Industry Developments
  • U.S. and U.K. Court Rulings
  • Tank Terminals
  • Market Trends
  • Industry Personnel
  • Bunker Averages

Online Archive Subscription Now Available! This fully searchable database contains over 240 arbitration awards and court rulings recapped in The TANKVOYager since its inception. The key maritime disputes archived include awards pertaining to laytime and demurrage, cargo claims, off-hire, detention, deadfreight, time charter performance, time-bar, and more.

Highlights of the current Apr/Jun 2008 Issue:

In addition to comprehensive industry news and insightful articles, we recap the following U.S. and English maritime decisions answering these thought provoking questions:

  • In a dispute involving a Disponent Owner, Charterer and Sub Charterer, can the parties be compelled to consolidate into one arbitration proceeding when there is a common question of law, even if all parties are not in agreement to consolidate?
  • When Charterers’ nominated port sustains damage from a hurricane while the Vessel is in transit, is the Charterer automatically protected by a contemporaneous force majeure declaration with the subsequent berthing delays not to count?
  • What happens if the Vessel arrives at the port on demurrage and while awaiting berth the port closes for two days due to the threat of a hurricane—does this constitute a force majeure condition for the purposes of interrupting demurrage time from running?
  • Does the arrest of a Vessel while awaiting berth automatically cease time counting?
  • While awaiting berth, if the Vessel grounds thereby requiring a class survey, does time continue running if said action does not delay the Vessel in berthing when so ordered?
  • Can a Vessel tender a valid NOR while awaiting approval of her application for port entry i.e. does this process constitute a mere formality?
  • What is the meaning of the term “about” when describing consumption and speed warranties as contained within a time charter?
  • In a time charter contract, if the Vessel complies with the bunker consumption warranty but fails to meet the speed warranty, can Owners reduce Charterers’ hire claim with a bunker credit by assessing the bunkers saved basis the maximum allowed i.e. the bunker warranty PLUS the allowance for the term “about”?
  • Under a time charter contract, is the Disponent Owner able to exercise their rights of lien over cargo belonging to third parties; i.e. not the Charterer? Is the time-period during which Owners refuse to discharge, the result of a purported exercise of their rights of lien, considered off hire?
  • Is a Vessel obligated to enact “quick departure” procedures from a load port when mutually agreed between Charterer’s and Owner’s port agents?
  • If a Vessel’s departure is delayed awaiting documents (due to an incorrect bill of lading date) exceeding the document allowance provision; and, she is subsequently delayed a few hours awaiting pilots, when does time stop: when documents are placed on board or when the Vessel sails?
  • Is a Vessel’s NOR valid when tendered from a bunkering position fifty miles outside port limits? At a port subjected to pirate attacks, does the issue of the Vessel’s safety override the Owners’ contractual obligation to tender NOR from the customary anchorage?
  • How are weather delays assessed at a Floating Production, Storage and Offloading (FPSO) Vessel vs. a transshipment?

"The purpose of reasoned decisions and published awards is to give guidance to parties in the chartering and operational sectors of the industry. Prior decisions should assist in clarifying and/or standardizing contract clauses."   [Bow Spring, SMA No. 3582]

Answers to the foregoing questions and more will surprise you! Subscribe today to The TANKVOYager for concise shipping news, including but not limited to, U.S. and English arbitration awards, court rulings and market trends delivered each quarter electronically with the key information that will improve your company’s bottom-line.