During 2023 and 2024, there have been several attacks on shipping by Somali pirates. After a windy summer, the monsoon season is now coming to an end which increases the risk of renewed attacks by Somali pirates on merchant ships.
BIMCO War Risks Clause for Voyage Chartering 2013 (VOYWAR 2013)
(a) For the purpose of this Clause, the words:
(i) "Owners" shall include the shipowners, bareboat charterers, disponent owners, managers or other operators who are charged with the management of the Vessel, and the Master; and
(ii) "W...
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BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013)
(a) For the purpose of this Clause, the words:
(i) “Owners” shall include the shipowners, bareboat charterers, disponent owners, managers or other operators who are charged with the management of the Vessel, and the Master; and
(i...
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War risks subcommittee, after a productive meeting at West P&I's London offices, successfully concludes the initial draft of CONWARTIME 2013 as part of the ongoing War Risks Clause review.
BIMCO War Cancellation Clause 2004
Either party may cancel this Charter Party on the outbreak of war (whether there be a declaration of war or not)
(a) between any two or more of the following countries: the United States of America; Russia; the United Kingdom; France; and the People’s Republic o...
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