Ten years on: What Hanjin taught the industry about crisis
TEN years ago, I was working carrier-side in Melbourne when the reports started coming in. Ships holding position outside ports rather than coming in. Not because of weather, not...
The Tampa, 25 years on: A master's duty, a nation's response
ON 26 August 2001, the Norwegian container ship MV Tampa altered course in the Indian Ocean to answer a distress call from the Australian Rescue Coordination Centre. Its master,...
OPINION: Force Majeure is a verb, not a declaration
MOST people treat force majeure like a light switch. Something goes wrong, a port closes, a strait gets dangerous, a supplier collapses and someone sends a notice invoking the...
OPINION: 150 Days in: Why carriers are about to start exercising liens
WE HAVE officially passed 150 days of the Strait of Hormuz crisis. Surcharges have been climbing steadily, peak season surcharges, congestion surcharges, bunker adjustment...
ANALYSIS: The obligation carriers cannot ignore under Part X
THE COMPETITIVE exemptions available under Part X of the Competition and Consumer Act 2010 (Cth) are not granted unconditionally. In exchange for the right to coordinate pricing...
OPINION: Understanding Part X in a disrupted market
Geopolitical disruption and liner shipping have always been uneasy companions. When conflict or instability affects a major trade corridor, the commercial consequences travel fast...
OPINION: The legalised cartel - how Part X works for liner shipping
AUSTRALIA’S liner trades operate under a unique legislative framework that sets it apart from virtually every other industry in the country. Part X of the Competition and Consumer...
OPINION: Gulf cargo crisis - what does it mean for Australia?
DETAINED. Delayed. Detoured. Denied. The Gulf crisis is not a spectator sport, and Australian cargo owners who treat it like one will be last in line when the dust settles....
Preparing for failure
IN THE past few months, we have seen general average declared on three vessels in the Asia Pacific region: APL Vancouver, Yantian Express and most recently the E.R. Kobe. When it...
