The vessel was launched into the water at the Nantong CIMC Sinopacific Offshore & Engineering Co. shipyard last week.
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Two maritime lawyers on the contract terms that bite when fuel prices double: uncapped late-payment interest and quality-claim deadlines shorter than the tests.
A matched package buys a few months, says Vernon Jayanathan; the resentment, the lost trust, and the market quote stay for good.
