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Tag: STM

U.S. temporarily lifts sanctions on Russian oil tankers

Breaking
The temporary authorization will remain in effect until April 11, unless it is extended.

NYK Group fully acquires Saga Welco, a leading open-hatch vessel operator

Business
Saga Welco operates a fleet of 48 open-hatch vessels and offers worldwide semi-liner services originating principally from the east coast of South America.

BIMCO adopts STM-clause to facilitate just-in-time port calls

Ports
On November 13, BIMCO adopted a STM-clause to facilitate just-in-time port calls in commercial contracts.

IMO Sec-Gen supports STM Validation Project

Safety & Regulations
During the STM Validation Project Final Conference at the IMO, in London, the IMO Secretary General Kitack Lim supported the STM.

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