(Mike Wackett – The Loadstar)
The North P&I Club, one of the shipping industry’s major insurers, has warned its members to check new ships very carefully before accepting delivery.
The Club says it has become aware of several instances of poor construction in the newbuilding market that are “potentially dangerous”.
Indeed, many in the container industry are concerned that the single-minded quest to cut unit costs will lead to tardy workmanship and the cutting of corners at the construction stage, as well an “as required” rather than “scheduled” maintenance programme for working vessels. Read more here.