MARITIME RISK & ENERGY SOLUTIONS

Every major demurrage dispute begins somewhere. In the vast majority of voyage charter party claims, the starting point is not the cargo, not the port, and not the rate. It is a single document that determines when the laytime clock begins to run. That document is the Notice of Readiness (NOR), and its deceptively simple function, notifying the charterer that the vessel has arrived and is ready to perform, generates more litigation in the English courts and before London arbi

In normal market conditions, demurrage disputes are a routine feature of the shipping industry; frustrating, often contentious, but generally predictable in their mechanics. In a market shaped by the kind of disruption we are currently seeing in the Persian Gulf, with vessels stranded, ports congested, and voyage timelines collapsing, demurrage claims are going to multiply in volume and complexity at a rate the industry has not seen in decades. What Demurrage Actually Is Demu

Insurance is one of those things most people think about only when something goes wrong. By then, the question is no longer what coverage costs, it's whether you have the right kind. This post is a straightforward breakdown of what Nord Young offers across both marine and commercial lines, what each coverage type actually does, and why it matters to the businesses we work with. We work with clients on both sides of the industry divide; shipping operators who live and breathe