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Turkish authorities have published a revised tariff for Turkish Straits service fees. Please click the below link to download the new tariff (Turkish).

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Industry Insights

What Is Classification Society in Shipping?

A 'ship classification society,' 'ship classification organization,' 'ship class,' or simply 'class' refers to an…
News

IACS Welcomes Türk Loydu into Membership

On November 1, 2023, Türk Loydu achieved a momentous milestone, becoming the 12th member of…
Illustration for a dry bulk vessel arrived at load port within its LayCan window agreed in the voyage charter party by the charterers and shipowners.
Industry Insights

What is LayCan (Laydays and Cancelling)?

LayCan is an abbreviation for the "Laydays and Cancelling" clause in a charter-party contract in…
Deadweight Tonnage Explained, What is Deadweight Tonnage
Industry Insights

What is Deadweight Tonnage (DWT)?

Deadweight Tonnage (DWT, D.W.T., d.w.t., or dwt) is commonly used to describe the total weight…