BIMCO answers top 5 questions on contracts and COVID-19
Overview
In this short video Grant Hunter talks to BIMCO’s head of Support & Advice, Merete Greisen, about answers they give members to the five most frequently asked questions.
The COVID-19 pandemic is causing uncertainty about port calls and the allocation of liabilities and responsibilities under charter parties. In this short video Grant Hunter talks to BIMCO’s head of Support & Advice, Merete Greisen, about answers they give members to the five most frequently asked questions.
The Top 5 questions BIMCO receives related to contracts and the coronavirus are:
- Are ports considered unsafe?
- Is this a 'force majeure' situation?
- What about laytime - will it run?
- Will a ship remain on hire?
- Can the charter party be cancelled?
Members can contact the Support & Advice service for additional support.
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Posted:
31 March 2020
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