Actions and Detail Panel
Trends and Risks associated with Vessel Lay-Ups and Reactivation
Webinar Invitation: "Trends and Risks associated with Vessel Lay-Ups and Reactivation"
An increasing trend for vessel lay-up and scrapping is evident in the current shipping climate. The weak oil market, low freight rates, and a sluggish world economy has led to the lay-up of offshore vessels, bulk carriers and container vessels. A vessel lay-up refers to the stopping of use of a ship for a certain period which can be as short as a few weeks and as long as five years or more. Reasons for deactivation vary from over-capacity with the intention of activating it again later or waiting for better scrap prices.
In this webinar Paul Hill, Regional Director, Europe & Africa and Marine Engineer at Braemar will discuss trends and terminology related to vessel lay-ups as well as associated risks and reactivation.
In order to accommodate participants from different time zones we offer the webinar at two different times:
Date: Wednesday, December 7, 2016
Session 1: 08:30 - 09:30 GMT (London time)
Session 2: 17:00 - 18:00 GMT (London time)
This session is free of charge. Feel free to circulate this invitation to interested colleagues. For questions about the programme please don't hesitate to contact me. We look forward to having you join!
International Union of Marine Insurance e.V.
Große Elbstraße 36
phone: +49 - (0)40 - 2000 747 - 10
LinkedIn: International Union of Marine Insurance (IUMI)