The latest edition of this clause is the War Risks Clause for Time Chartering 2013 (CONWARTIME 2013)
In light of the recent development, BIMCO recommends using the latest editions of its War Risks clauses VOYWAR 2013 and CONWARTIME 2013
The recent seizures of an Iraqi oil tanker and a UK flagged ship by Iranian authorities have further increased tensions in the Gulf following earlier attacks on tankers in Fujairah and the Gulf of Oman. But what are the contractual implications for ships operating in the area?
This short guide highlights some of the key issues that may affect the obligations and rights of contracting parties following developments in the Russo-Ukrainian conflict, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and fu... Please follow the link to continue reading.
This short guide highlights some of the key issues that may affect the obligations and rights of contracting parties following developments in the Russo-Ukrainian conflict, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and fu... Please follow the link to continue reading.
The AUTOSHIPMAN Standard Ship Management Agreement for MASS provides a standard contractual foundation for third-party ship managers to deliver services for the operation of remotely controlled or fully autonomous ships. Remotely controlled ships are currently used primarily in inland waterways an... Please follow the link to continue reading.
Russia’s announcement that it will close access to the Kerch Strait which connect the Black Sea and the Sea of Azov has triggered a reaction within the London insurance market.
In response to the threats arising from the conflict in Yemen, BIMCO, ICS and INTERTANKO have published interim guidance on maritime security in the southern Red Sea and Bab al-Mandeb. Shipowners and operators should be aware of new threat patterns in the area.
Following swiftly on the heels of the recent Ocean Victory judgment by the UK Supreme Court, the BARECON revision team has reviewed the insurance clauses of this widely used contract.
The War Cancellation Clause provides the parties with the option of cancelling the charter party when war breaks out between either of the large countries stated in Clause (a) or other countries selected by the parties and stated in Clause (b). In order to ensure that the clause would not be interpr... Please follow the link to continue reading.
