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Emergency Restraining Order on Maersk? Details Inside
Global Container Terminal (GCT) wants an immediate emergency restraining order on Maersk. GCT and Maersk had a contract to operate in this terminal of Staten Island. But with contract not over, Maersk wants to move to the terminal which is owned by APM Terminal, in New Jersey. Maersk agreed to $5.5 million dollars to GCT […]
Laytime in Chartering: Calculations and Implications
Laytime, a fundamental concept in the maritime industry, plays a pivotal role in chartering agreements, affecting both shipowners and charterers. It determines the allowable time for cargo operations, such as loading and unloading, and has significant financial implications. In this article, we will explore laytime, its calculations, and the implications it carries for stakeholders in […]
Construction and Working Principal of Incinerator
One can absolutely say that the incinerator is like a boiler and the only difference is that in this machinery we do not generate the steam. Construction of Incinerator What is an incinerator? It is like a waste recycling unit. Like boiler here too we have the rounded shell in which the combustion process is carried out.We […]