The International Safety Guide for Oil Tankers and Terminals (ISGOTT) has been reviewed, enhanced and refreshed to ensure that it continues to reflect current best practice and legislation and, as a … [Read more...] about OCIMF releases latest (6th edition) of ISGOTT.
Intertanko releases commentary on entries in the ballast water record book (BWRB) for commonly used ballast water operations on tankers. The commentary is based on questions and feedback from … [Read more...] about Intertanko releases Commentary on Entries in the Ballast Water Record Book
The International Chamber of Commerce have published new Incoterms® 2020 that have come into effect from the 1st of January 2020. The ICC originally published Incoterms® in 1936 and have … [Read more...] about Incoterms 2020 – Explained and what changes in 2020.
What is a letter of indemnity (“LOI”)? A person issuing a letter of indemnity promises: To repay (or pay on behalf of) the recipient of the LOI; liabilities incurred by the recipient through doing … [Read more...] about Letter of Indemnity – All you need to know & Ten golden rules for delivery of cargo.
A P&I club is a mutual insurance association that provides risk pooling, information and representation for its members. Unlike a marine insurance company, which reports to its shareholders, a … [Read more...] about P&I Clubs – All you want to know