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Abandoned Ship, Half Sunk

The Future of Shipping is NOT Coming with Budding Australian Container Line FOCUS as They Go into Liquidation

Stand by… The future of shipping is coming! A bold and embarrassing statement on the homepage of the short-lived Focus Container Line, which has become the latest new entrant into container shipping to run into financial difficulties. Liquidators in Brisbane have been appointed to oversee the demise of the trans-Tasman liner, which launched a service […]

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Fire In Engine Room On NYK Delphinius

General Average.. What Exactly Is It?

Imagine a cargo ship full of containers on its voyage and something unexpected happens during the trip, anything from: General Average is a principle of maritime law that essentially establishes that all sea cargo stakeholders (owner, shipper, etc.) evenly share any damage or losses that may occur as a result of voluntary sacrifice of part

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Owner of ‘Ever Given’ Declares General Average – Marine Insurance Matters!

As the investigation into the grounding of the Ever Given in the Suez Canal began last week, the vessel’s Japanese owner, Shoei Kisen, has declared General Average. The grounding of the Ever Given is shaping up as potentially the most complex ‘general average’ (GA) claim of all time, with litigation potentially involving 20,000 teu and up to 20

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