Daily Briefing 24 July 2017
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Orderbook backlog in the first half dropped 30.5% versus the year-ago period as finance tightens and deliveries roll out of yards
Tankers have been arriving from the Middle East, West Africa, Singapore floating storage and even Europe
Panamax and capesize set to benefit from a forecast 19% rise in exports this year
Swedish line boosts weekly call capacity from Rotterdam to Harwich
Protesters endangered oil platform safety, country argues
The Supreme Court has ruled that in calculating damages for the repudiation of a charterparty, shipowners were not obliged to give credit to charterers for sale proceeds made by a sale in opportune market conditions. Reversing the decision of the Court of Appeal, the highest court held that damages owed by charterers for the repudiation of the charterparty should be calculated without taking into account that benefit
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