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Tuesday, December 12, 2017

No. 40/2001

Published

Article

05.10.2001

ODD HASSEL, CERA, ADDED TO LIST OF SPEAKERS AT INTERTANKO MARKET SEMINAR IN ATHENS 24 OCTOBER

In connection with the forthcoming meetings of the Executive Committee and Council in Athens, INTERTANKO will be organising an open market seminar at the Metropolitan Hotel on Wednesday 24 October, starting at 0900. The seminar is free of charge and is open to all members and associate members. It will be followed by a luncheon hosted by H. Clarkson & Co Ltd. Odd Hassel of Cambridge Research...... More

05.10.2001

SHELLTIME 4 – CLAUSE 34 – WARNING - RECOVERY OF ADDITIONAL WAR RISKS PREMIUMS

We continue to scrutinise war risk clauses and to draw to members' attention particular provisions that may rive rise to additional liability or expense. The provisions in Shelltime 4 dealing with war risks are comprehensive and do give protection to owners, however the present situation does require careful note being taken of clause 34 regarding additional war risk expenses, the clause reads:...... More

05.10.2001

‘THE TANKER STORY’ – do you want to be remembered as part of the tanker story for future generations?

The story of the tanker - from humble beginnings in the days of sail to modern leviathans each capable of carrying half a million tonnes of oil - is one dominated by sheer scale. INTERTANKO is to publish a new history book entitled 'A Century of Tankers ' in November.  INTERTANKO would like to invite your company to be remembered as part of the tanker story for future generations. While the shi...... More

05.10.2001

PROGRAMME FOR INTERNATIONAL SEMINAR CHANGED

Some slight changes have been made to the programme of the International Seminar on Tanker Safety, Pollution Prevention, Spill Response and Compensation, to be held in Athens on Thursday, 25 October 2001. It will now be sponsored by ITOPF and INTERTANKO in association with Ceres Hellenic Shipping Enterprises Ltd. Please click here for the draft programme ... More

05.10.2001

WAR RISK CLAUSES UPDATE – BP ISSUES REVISED CLAUSE

We wish to advise members that BP has revised their war risk clause dealing with additional hull and machinery war risk insurance premiums. We welcome this revision, which now provides that charterers will reimburse owners for these additional expenses. ... More

05.10.2001

MULTIPHASE CRUDE OIL CARGO GUIDELINES

This document addresses and provides information for vessels' officers that should assist them in their decision making when undertaking operations with respect to: - Vapour pressure release from tankers - Minimising the impact of vapour or sludge on cargo operations with a fully laden crude oil tanker. The objectives of this document are to provide tanker officers with some operationally usefu...... More

05.10.2001

‘AN EXPLANATION AND GUIDELINE FOR PUMPING CALCULATIONS’ – INTERTANKO PUBLICATION

A common source of a Tanker Charter Party demurrage dispute relates to the apparent delays caused by the alleged non compliance with the warranties contained in the Pumping Clause of the Charter Party. This publication defines and explains the basis for the undertaking of the relevant calculations pursuant to the requirements normally set out in a standard pumping clause of a Tanker Charter Par...... More

05.10.2001

EXCESS WAR P&I RISKS COVER PROVIDED BY P&I CLUBS – WARNING - MEMBERS ADVISED TO SEEK CLARIFICATION FROM THEIR OWN P&I CLUB

The International Group P&I Clubs have for the last 15 years or so provided war P&I cover. Initially the amount of cover available was USD 50 million and it was intended to be an excess cover over and above an owner’s primary level of cover. ... More

05.10.2001

INTERTANKO IN THE NEWS

Lloyd's List, 1 October, 'Hong Kong owners decry market abuse' Lloyd's List, 2 October 'IMO differences over organotins ban' Lloyd's List, 2 October 'New council chairman to lift profile of shipbrokers' Lloyd's List, 5 October 'Motorways of the sea' ... More

05.10.2001

PORT COSTS

Canada/St. Lawrence Seaways - increase of charges Effective 1 October 2001 the SLSMC's Ship Inspection and Tie-up Service fees have been increased. SLMC's Ship Inspection Fee OCEAN SHIPS: Normal working hours 0815-1630: No charge. Outside normal working hours first visit: USD 600. Second & subsequent visits for same inspection: USD 300 Inspection outside the normal area per day out of office...... More

05.10.2001

PORT NEWS

Canada/Juan de Fuca - enhanced security reporting In line with the US Coast Guard (USCG) enhanced safety requirements in USA in the aftermath of the terrorist attack, and with the intention of extending the advance notice of arrival, the Chamber of Shipping of British Columbia (CSBC) has been in contact with the USCG and Transport Canada in order to obtain a clear stipulation of the requirement...... More

05.10.2001

2001 EDITION NOW AVAILABLE! DISBURSEMENTS FOR TANKERS 2001

The publication contains over 2,965 actual and estimated disbursement accounts in more than 400 ports. Disbursements for Tankers 2001 is an indispensable tool for chartering and operations purposes, and is a useful guide for voyage calculation, checking of port costs and post-fixture work. 3 simple ways to order: 1. Go to http://www.intertanko.com/publications/ 2. Send an e-mail to publications...... More

05.10.2001

TRAINING – MASSACHUSETTS MARITIME ACADEMY

TRAINING - MASSACHUSETTS MARITIME ACADEMY Reference is made to the article in Weekly NEWS No. 36/01 of 7 September 2001. The Academy has contacted INTERTANKO again and informed us that the next full-week course in Oil Spill Management Training Program is scheduled for 5-9 November at the Academy in Cape Cod, USA.  The regular price is USD 1,800 but INTERTANKO members will be offered a special...... More

05.10.2001

PORT ISSUES

Colombian registration / Decree 804 INTERTANKO has received input from various sources, including some of its members, that Colombia is about to implement a Decree calling for imminent registration of all ships planning to trade to Colombian ports.  INTERTANKO considers that the planned registration would bring no apparent benefits to tanker operators but, on the other hand, would add...... More

05.10.2001

DATE FOR YOUR DIARY - ASIAN VETTING FORUM, 27 NOVEMBER IN SINGAPORE

The programme and meeting details will be circulated shortly. ... More

05.10.2001

VETTING INSPECTIONS – CHEVRON TEXACO CORP. – CHANGE OF CONTROL

Due to the recent merger between Chevron Corporation and Texaco Inc., Texaco has announced that TOTT MI&CS have not been accepting any further vessel inspection requests from ship owners and ship operators since Thursday 20 September 2001. Weblink: Texaco letter on vetting inspections: http://www.intertanko.com/pdf/weeklynews/ChevronTexaco.pdf ... More

05.10.2001

MARKET INFORMATION

Marine oil pollution in the US increased in 2000 The USCG September statistics show about 1.4 million gallons of marine pollution in 2000, the highest since 1996 but still the 4 th lowest since 1973 (only 1997-1999 were lower) and only 17% of the average for this period. Pollution from tankers virtually stopped in the US after Exxon Valdez in 1989. Oil pollution from tankers was reduced from a...... More

05.10.2001

CHARTERPARTY INFORMATION

Tamoil Overseas Limited have recently issued revised chartering terms for use with the Asbatankvoy form of charter. Significantly in the current state of international affairs the terms do not include any provision dealing with additional hull and machinery war risks cover or crew war bonuses. For comments on this issue see the earlier article in this edition of the Weekly News.   Contact : Joh...... More