The Suez Canal Authority has been demanding $916m in damages from the six-day blockage that the huge 400 m long ship created on the waterway. The ship has been arrested and is anchored at the Bitter Lakes area while its owner and insurance parties negotiate with Egyptian authorities over the price for its release. In

At BIFA we receive regular enquiries from Members regarding terms and conditions, which dependent on circumstances may be overridden by international convention, these become particularly relevant at time of a major incident resulting in claims. BIFA Associate Member, Hill Dickinson have prepared a helpful summary of the main conventions which are relevant to claims for

Because comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted all comparisons to follow are to March 2019 which followed a normal demand pattern. Global demand, measured in cargo tonne-kilometers (CTKs), was up 4.4% compared to March 2019 and 0.4% compared to February 2021. This was

The results have been analysed and published to form a “ground zero” assessment by which future progress can be measured. The report’s findings will also feed TIACA’s overall sustainability strategy and support enhanced work programs addressing each of the organisations three key areas: People, Planet, Prosperity, supported by innovation and partnership. Key highlights of the