Hellenic Shipping News

BIMCO to revise War Risk Clauses

Work to revise the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risks Clause for Voyage Chartering 2013 (VOYWAR 2013)..
December 12, 2022

Shippers unlikely to see lower insurance premiums despite lesser Indian Ocean piracy risk

Shipowners and charterers carrying commodities in the Indian Ocean are unlikely to see lower insurance premiums in the near term despite industry bodies’ decision to remove the region’s High Risk..
August 29, 2022

Nigeria & shipping industry launch strategy to eliminate piracy in GoG

The Government of Nigeria and a coalition of global shipping stakeholders have launched a new strategy to end piracy, armed robbery, and kidnapping in the Gulf of Guinea (GoG).

Shipping’s Russian Nightmare is Becoming a Reality

The shipping industry is faced with a logistical and legal nightmare, in the aftermath of the events in Ukraine.
March 09, 2022

New programme for West Africa maritime security

The International Maritime Organization (IMO) is working to improve maritime security in West Africa and is offering a new and innovative programme entitled the “IMO Whole of Government Approach to..
November 15, 2021
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Tanker stopped for attempting illegal ship-to-ship fuel transfer

The Malaysian Maritime Enforcement Agency (MMEA) stopped a tanker for attempting an illegal ship-to-ship fuel transfer in the eastern Johor waters earlier this week.
August 06, 2021

Shipping industry seeks to combat dark oil transfers at sea

Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight..

UN ‘disappointed’ as Houthis delay oil tanker rescue

The UN said last week that it was “clearly disappointing” that Yemen’s Houthi rebels are again delaying a repair mission for a decaying oil tanker, which is threatening to spill its million-barrel..