What is Contract of Affreightment (COA)?
Contract of Affreightment (COA) A Contract of Affreightment (COA) is a medium to long-term, hybrid type of charter where the Shipowner commits to transporting specified quantities of homogeneous carg
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Contract of Affreightment (COA) A Contract of Affreightment (COA) is a medium to long-term, hybrid type of charter where the Shipowner commits to transporting specified quantities of homogeneous carg
Voyage Charter Voyage Charter Definition A Voyage or Spot Charter refers to a situation where a ship is contracted for a single Voyage between designated Ports. Essentially, the Shipowner commits …
Summer’s winding down, and believe it or not, we’re less than a month away from Colorado’s annual chain law taking effect September 1. That means it’s time for another round …
Charter Party Clauses Preamble of a Charter Party Written agreements typically begin with a preamble that identifies the involved parties (Shipowner and Charterer) and summarizes the core terms of t
Charter Party in Dry Bulk Shipping Primarily, there are three (3) types of Charter Parties in use: 1- Time Charter Party 2- Voyage Charter Party 3- Bareboat Charter Party 1- …
Rising toxins found in bowhead whales, harvested for subsistence purposes by Alaska Native communities, reveal that ocean warming is causing higher concentrations of algal toxins in Arctic food webs,
Welcome to the latest edition of Well Heeled, Stephenson Harwood's newsletter for clients engaged in the production, transportation and use of LNG and other liquefied gases. April 2025 WELL HEELED
Laytime Calculations Introduction to Laytime Laytime is the time period agreed upon by the Shipowner and the Charterer during the Voyage Charter, where the Charterer commits to loading and unloading
Today, everyone sees opportunity in the Arctic. Russia, always an active player in the region, continues to develop shipping in its Arctic waters, as well as claiming the Arctic seabed …
Damage to a ship’s propulsion and steering systems from ice remains fairly common. Ship owners will often look to claim for the damage from their charterers, either as a result …
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