BIMCO, INTERCARGO and INTERTANKO welcome the ruling by the highest court in the United States on 30 March 2020 concluding that the plain meaning of the safe-berth clause in the Athos I dispute includes an unambiguous warranty of safety.
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.
As part of its effort to openly share COVID-19 information and advice with the industry BIMCO has published a Q&A on its Infectious Diseases Clauses.
In view of this extraordinary crisis, BIMCO has made all COVID-19 related content on its website open and free for everyone.
BIMCO has developed four annexes for specialised tasks not covered under the SUPPLYTIME charter party.
The threshold for invoking BIMCO’s Infectious or Contagious Diseases (IOCD) Clauses is necessarily set at a high level to avoid misuse. The two clauses, one for time and the other for voyage charters, are designed to respond to extreme outbreaks of diseases and not just “everyday” illnesses.
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.
Following a first industry consultation on ASBAGASVOY – a gas tanker voyage charter party based on ASBATANKVOY – the joint BIMCO/ASBA subcommittee in charge of developing the new charter party has agreed a revised draft and invites comments from the entire gas tanker industry.