'This is beside other values lost in the cargo
affreightment and ancillary services in the value chain.'
solely for contracts of
affreightment. (187) Advance said that this was
Negotiations are in progress with public sector organizations for long terms of contracts of
affreightment in compliance with the directive of Federal Government obligating PNSC to act as shipping agent and provide shipping service to public sector organizations.
The most common disputes would include
affreightment, cargo shipping, shipbuilding and repair contracts, in addition to used ships sale contracts, assurance and reinsurance contracts, marine collisions and other disputes related to marine loss adjusting, maritime assistance and rescue.
During December 2013, the company and its exclusive shipping contractor agreed to amend the contract of
affreightment for shipments to California to provide for the carriage of joint cargos with another BC shipper and to lower the annual commitment level.
These included signing a contract of
affreightment for the transport of furnace oil with the Pakistan National Shipping Corporation as well as signing a MoU with the government of Khyber Pakhtunkhwa for the establishment of 40,000 barrel state of-the-art refinery in the province.
NYM: PSO and Pakistan National Shipping Corporation (PNSC), the nation's flagship oil marketing and shipping companies have solidified their partnership by signing a contract of
affreightment (COA).
In Alaska Barite, the plaintiff filed suit for breach of an alleged contract of
affreightment identifying the action as an admiralty claim under Rule 9(h).
The company would sell its nine owned chemical tankers, the six in-chartered chemical tankers, all
affreightment agreements and the Nordic Tankers organisation including its 140 employees.
During the third quarter, EXMAR took over 4 BW Gas Midsize vessels and has therefore started to handle the North Sea Contracts of
Affreightment, which is a beneficial addition to the EXMAR Midsize portfolio.