Shipping lines have refunded more than $700,000 of Demurrage and Detention billings in the US since June last year following complaints by shippers made to the Federal Maritime Commission (FMC) under OSRA 2022.
LNG markets continue to surprise. At the beginning of 2023, the big themes are that European imports will continue to drive seaborne tonne-miles higher, supplemented by a resumption of imports into China as economic activity there resumes.
Cyprus has proposed a series of measures to the European Commission to halt defections and bolster the shipping industry hit by European sanctions on Russia following its invasion of Ukraine.
Bureau Veritas (BV) has issued the certificate to Shanghai Zhongchuan NERC-SDT Company, subsidiary of MARIC, for LNG Fuel Gas Automatic Control Unit, Model Gas MAC system, the first of this type certificate in China.