BIMCO Search Results

The contractual implications of COVID-19 on crew changes and port restrictions

At times of port restrictions and situations where a crew may be infected or fall ill with COVID-19, it has become apparent that the obligations and rights of contracting parties need to be clarified. The main takeaway from the situation is that parties to a contract should communicate and cooperate... Please follow the link to continue reading.

Sanctions against Russia: Check your counterparts and contracts

With sanctions imposed on Russian interests by the EU, UK, US and others, it is crucial that shipowners and operators check their counterparts and contracts immediately. The situation is currently changing rapidly, and more sanctions announcements could be on the way.