Gulf Marine Services secured a four-year, 1,461-day charter for a self-elevating accommodation unit, expanding its Latin America presence. The vessel will be deployed offshore Brazil, with delivery planned between August and November 2026.
International Transport Intermediaries Club (ITIC), a leading shipbroker, said a mismatch in contract terms has led to a $110,000 settlement against a shipbroker, highlighting the risks brokers face when fixtures are not clearly aligned on a back-to-back basis when fixing charter parties.