BIMCO answers top 5 questions on contracts and COVID-19

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.

Grant Hunter
in London,

Coronavirus

Access BIMCO's COVID-19 related articles and advice.

Read more

VPS Bunker Alerts

Veritas Petroleum Services (VPS) publish regular Bunker Alerts based entirely on fuel samples and have kindly permitted BIMCO’s Members to access this information.

The Bunker Alerts are not intended to be an evaluation of overall bunker quality in the port or area concerned, but usually highlight a specific parameter within the fuel which has raised a quality issue.

Latest ice condition reports

Latest ice reports for the Baltic Sea Region and Canada for members.

Latest piracy reports

Latest industry releasable threats

 
 

ELSEWHERE ON BIMCO

Contracts & Clauses

All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.

Learn about your cargo

For general guidance and information on cargo-related queries.

More about cargo

BIMCO Publications

Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.

About a new business partner

We can help members check new business partners. We also help to recover millions of USD (undisputed) funds every year.