26. January 2016

Coffee & Classification Societies

In ancient and medieval times, trade was as important as it is today, and like today, vessels were the number one transportation unit. Ships were often built unstable, with pirates and storms making every journey an even greater risk. To counter business risks, merchants and owners sought to assure themselves by financial means. Ancient Greek sources like Lex […]
22. December 2015

Claim Management: How shipbuilding is supervised.

How a ship is built and supervised. Constructing a new ship is a major task involving hundreds of people and many claims are to manage. For example it takes nine months to construct a 200-metre general cargo carrier with 50,000 DWT (Deadweight Tonnage). The construction process is similar to a jigsaw puzzle; the shipyard constructs gigantic blocks that […]