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 […]
The US Merchant Marine is a vital part of the nation’s economy and security, transporting goods and people across the world’s oceans and waterways. The US Merchant Marine consists of privately-owned ships that fly the US flag and are registered in the US, as well as the US mariners who crew them. The US Merchant […]
On 23rd April, a Filipino 3rd Officer went missing from a Teekay Ship named as Jiaolong Spirit. After he went missing, family of the missing seafarer started a campaign, which asked for a thorough investigation in the case. The news became a big voice in the whole shipping industry. More detail can be read in […]
