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The latest editions of TOWCON, TOWHIRE and BARGEHIRE are now available on SmartCon.
BIMCO is merging its sanctions and designated entities charter party clauses, following revisions by a specialist subcommittee, to create a more robust contractual solution for sanctioning.
The Sale & Purchase (S&P) seminar examines the mechanisms and processes behind the sale and purchase of vessels.
Indian culture is incredibly diverse, and the 1.4 billion inhabitants of the country observe a variety of religions and come from hundreds of different ethnicities. These are among the reasons why the regulation of holidays is a matter delegated to individual states, while the federal government has declared only three secular holidays which are to be observed universally by all Indian establishments.
The clause comprehensively sets out a complete code to address force majeure with a detailed and up to date definition of force majeure events. The rationale is that when a force majeure event occurs, the parties will find themselves in a crisis situation and will benefit from a contractual regime addressing the situation and which avoids uncertainty that might lead to disputes.