With effect from 1 January 2023 Lloyd’s Salvage Arbitration Branch (LSAB) will be revising their fee charging structure. LSAB currently only charges a ‘time’ based fee (i.e. an hourly rate) for each Lloyd’s Open Form (LOF) case they manage/support.
On the occasion of the IMO’s 106th session of the Maritime Safety Committee, IUMI Secretary General Lars Lange provided an update on the latest developments of the International Quality Assessment Review Body (IQARB).
Supply-chain problems are continuing globally, with more than 2% of all global shipping capacity currently doing nothing but waiting outside Germany’s ports on the North Sea. On the other side of the Atlantic, soy bean supplies have been interrupted.
‘Together in Safety’ has carried out a series of hazard identification workshops with the purpose of identify and prioritising recommendations to the
industry to ensure the safe deployment of future fuels. The fuels considered were LNG, Methanol, Ammonia and Hydrogen with the assumption that these are likely fuels to be used.