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New age of ship management

In April, BIMCO published a revised ship management agreement, SHIPMAN 2024, following a two-year review process involving input from shipowners, managers, P&I clubs and insurance and legal experts. BIMCO has included a number of clauses in SHIPMAN 2024 relating to emission trading schemes, sanctions, cyber security and anti-corruption. The aim is to reflect current market …

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UKMTO says crew of Greek-owned ship evacuated after attack by Yemen’s Houthis

The United Kingdom Maritime Trade Operations (UKMTO) said on Friday the crew of the Tutor coal carrier had been evacuated by military authorities, referring to an incident that took place 66 nautical miles southwest of Yemen’s Hodeidah on June 12. The Greek-owned cargo ship “was abandoned and was drifting in vicinity of its last reported …

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