Lloyd’s has committed to the future of Lloyd’s Salvage Arbitration Branch (LSAB) that oversees the Lloyd’s Open Form (LOF) salvage contract, and to increase the use of the form.
Pressure on financiers to support more environmentally friendly projects has created an opportunity to finance green shipping projects, according to a panel of experts.
Singapore has completed its first pilot of live bunker delivery financing with an electronic bunker delivery note (BDN).