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Join BIMCO's Jakob Larsen, INTERTANKO's Philip Belcher, UK Chamber of Shipping's David Balston, and Tatham Law's Stephen Askins for a candid discussion and clear advice on present and future tanker safety, security and commercial issues in the Straits of Hormuz and Gulf of Oman.
Normally referred to as war risk insurance, this type of insurance is an add-on to the normal hull and machinery insurance. The concept consists of a list of areas for which the insurer assesses that the risks to the ship’s hull are elevated, and for which an added premium will have to be paid.
As reported some years ago under the heading "Ukraine Ballast Water Problems in Ports" this still seems to be a problematic issue as BIMCO has received an update from the the Japan Ship Owners' Mutual Protection & Indemnity Association.
An easy at hand guidance to help seafarers involved in bunkering operations to act in compliance with the appropriate regulations and industry best practices.
This short note deals with some of the key issues that may affect the obligations and rights of charterers and owners resulting from Russia being added to the JWC Listed Areas, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and future fixtures and, if in any doubt, seek legal advice before acting.
This BIMCO COVID 19 weekly report for the week ending 22 April covers the International Maritime Organization (IMO) including crew change national contact point, China, Germany, Singapore, USA, UK P&I Club's Global Crew Change Advice, and the latest from the World Health Organization (WHO) and the International Labour Organization (ILO). Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew change, as well as updates from United Nations bodies such as the IMO, WHO, ILO and the Port State Control MoU regimes.
The recently imposed new restrictions in several ports will have an impact on the operations of ships. Performing crew changes will very likely become more difficult and result in floating quarantines, meaning that more delays and disruptions in supply chains can be expected. With the new variant creating uncertainty for shipowners, even more complex planning will be needed to avoid financial losses.
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Contact Switchboard on:
+45 44 36 68 00Lines are open Mon-Thurs 08:30-17:00 (CET) Fri 08:30-16:00 (CET)