In April-May 2017’s Bunkerspot Magazine, firm Principal Steve Simms addresses some of the details of demurrage situations that bunker buyers, sellers and brokers often face and understanding the operation of demurrage in bunker purchases and deliveries.
Read MoreMost of the significant maritime bankruptcies of the last five years, including Hanjin and OW Bunkers, have utilized Chapter 15 of the United States Bankruptcy Code.
Read MoreIn the latest edition of Bunkerspot, firm Principal Steve Simms explained the latest post-truth challenges to the bunkering industry in the context of recent world events, including the election of President Donald J. Trump and the U.K. vote for “Brexit.”
Read MoreFirm Principal Steve Simms recently explained the enforcement challenges that lie ahead from the October 27, 2016 decision by the International Maritime Organization’s Marine Environmental Protection Committee.
Read MoreFirm Principal and IBIA board member Steve Simms was recently interviewed by David Hughes for World Bunkering.
Read MoreFirm Principal Steve Simms recently outlined the circumstances leading up the collapse of the world's seventh largest container line, which occurred just after the collapse of OW, one of the world's largest bunker traders and providers.
Read MoreFirm Principal Steve Simms recently explained the latest challenge facing the maritime industry – the insolvency of the world’s seventh largest container line, Hanjin.
Read MoreFirm Principal Steve Simms recently explained the latest challenge facing ship owners and charterers in the wake of the OW insolvency.
Read MoreFirm Principal Steve Simms recently explained the latest challenge of the European Commission (EC) in the enforcement of sulphur regulations on marine fuel suppliers in an article for Bunkerspot.
Read MoreFirm Principal Steve Simms recently explained the outcome of the UK Supreme Court decision in the Res Cogitans case in an article for Bunkerspot.
Read MoreSouth Korea’s largest container carrier – Hanjin Shipping – has just filed for receivership. Years of weak demand have negatively impacted the many maritime industries, including shipping.
Read MoreFirm Principal Steve Simms recently explained in an article for Bunkerspot that although the US government removed some sanctions against Iran on January, 16, 2016, there remain some obstacles and concerns for companies interested in doing business with Iran.
Read MoreSteve Simms, Principal of Simms Showers LLP, recently published an article in Bunker Bulletin detailing the likely changes to be seen in the bunkering industry in the wake of the OW collapse.
Read MoreIn the post-OW-collapse world, vessel owners and charterer customers are now understandably more wary to deal with brokers and traders, who they believe might not pay physical suppliers who will, in turn, arrest their vessels.
Read MoreIn a recent article for the shipping industry magazine Bunkerspot, firm Principal J. Stephen Simms synthesizes the legal issues relating to bunker supply contracts which were discussed at the ARACON conference in October, organized by Petrospot.
Read MoreIn a recent article for the shipping industry magazine Bunkerspot, firm Principal J. Stephen Simms explains that using ISO 8217 specifications along with MARPOL VI regulations in sales terms and conditions can be problematic for bunker suppliers.
Read MoreSeveral US-based companies have reached settlements with the US subsidiaries of bankrupt Danish bunkering giant OW Bunker and look set to get paid in January next year, Platts Bunkerworld has learned.
Read MoreIn a recent article for the shipping industry magazine Bunkerspot, firm Principal J. Stephen Simms analyzes the fallout of the OW collapse and summarizes the status of current court proceedings surrounding the competing claims.
Read MoreIn a recent article for the shipping industry magazine Bunkerspot, firm Principal J. Stephen Simms analyzes the responsibility of marine fuel suppliers to affirmatively engage to assure that the fuel that they sell is MARPOL compliant.
Read MoreIn a recent article for the shipping industry magazine Bunkerspot, firm principal J. Stephen Simms analyzes past attempts and the rationale behind developing consistent international marine fuel sales terms and conditions.
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