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ClassNK amends class rules on steel ships

ClassNK announced that it has released amendments to its Rules and Guidance for the Survey and Construction of Steel Ships on 1 June 2017. ClassNK is constantly revising its Rules and Guidance, in order to reflect the latest results from relevant research and development projects, feedback from damage investigations, requests from industry etc.

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BIMCO launches latest guidance for charter negotiations

Bimco informed that launched a new edition of Check Before Fixing, the tool that is used across the industry for daily chartering and shipping transactions. The 2017 edition includes the most recent legal developments and the guidance reflects increasing regulatory requirements, including current commercial practice and for the first time, including an important section on cyber security.

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West Club informs about 'Notices of Readiness'

West of England P&I Club issued a guide, in order to inform operators about the Notice of Readiness (“NOR”). NOR is a notification by the vessel that she is ready to start the charter service (upon delivery) or is ready to load or discharge cargo and aims to inform the charterers that the vessel is at their disposal, as well as to start the running of hire or laytime.

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