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Tripartite Forum: Shipping Industry prepares for major changes

The shipping industry is on the verge of major changes requiring  strong collaboration between ship builders, ship owners and classification societies, agreed the 70 plus participants of the 2018 Tripartite Forum held in Seoul, South Korea on 11 and 12 October.

COVID-19 and its consequences on shipbuilding contracts

The spread of the COVID-19 virus is causing significant issues in the shipbuilding industry, but English law has no general concept of force majeure, and this is a key factor in the relationship between shipyards and shipowners.