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 …