Skuld - Circulars

In early December 2025, local media and the Malaysian Maritime Enforcement Agency (MMEA) reported on a general cargo ship M/V KAYO whose crew were rescued after the vessel sent out …

Circular issued by International Group clubs On 23 April 2026, the Council of the European Union adopted its 20th package of restrictive measures against Russia, amending Regulation (EU) 833/2014 and …

The 2025 Chinese Maritime Code (the "Code"), effective from 1 May 2026, introduces several important changes that will impact shipowners, charterers, and cargo interests engaged in international trade involving Chinese …

Recently, Skuld has seen several vessels reporting bunkered fuel that is on specification as per ISO 8217 parameters. Still when advanced tests were carried out, Gas Chromatography MassSpectrometry (GCMS) showed …

Introduction Charterers often face a well-known challenge on time-charter trips: due to restrictive benchmark conditions, no qualifying good-weather days may be available, yet the vessel significantly underperforms. In owners' markets, …

On 31 December 2025, the first reporting period under the FuelEU Maritime Regulation[1] (“the FuelEU”) ended. The reporting period under the FuelEU equals one calendar year. Earlier this year, by …

On 1 March 2026, Skuld issued a Notice of Cancellation to the War Risk Cover to all fixed premium assureds, including charterers (“Skuld Notice of Cancellation”), and upon expiry of …

Biofuels are renewable fuels derived from biological sources, such as agricultural crops, waste, or residues, designed to reduce greenhouse gas emissions. Since we received our first inquiry on the use …

Given the rapidly developing situation with Iran, this article provides an update on recent developments and further information relevant to charterparty implications. It builds on our previous article published on …

The maritime risk picture has escalated markedly. The Joint Maritime Information Center (JMIC) now assesses the regional maritime threat as CRITICAL (an attack is almost inevitable) after confirmed missile/projectile strikes …

An examination of legal and operational risks for shipping in the Strait of Hormuz Introduction: The geopolitical background Despite ongoing diplomatic efforts, tensions between the United States and Iran continue …

Introduction The United States first imposed sanctions targeting the Venezuelan government in 2015. Both the US and EU have designated individuals associated with the regime. The US measures against the …