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Results for:Free pratique

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Sanctions Clause for Contracts of Affreightment (GENCOA) 2022

07 December 2023

The sanctions landscape has grown increasingly complex. International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully worded sanctions clauses in contracts of affreightment are vital for internationally trading companies to help them manage and mitigate their sanctions risk and to enable them to continue to do business while remaining compliant with the various sanctions regimes.

Sanctions Clause for Container Vessel Time Charter Parties 2021

07 December 2023

The sanctions landscape for the container trade has grown increasingly complex over the past decade. To provide the container industry with a bespoke contractual solution that addresses the practical and commercial realities of the liner trade BIMCO has developed a Sanctions Clause for Container Vessel Time Charter Parties 2020.

Free pratique - a thing of the past?

30 October 2020

Quarantine of ships arriving at ports around the world has previously been an effective means of avoiding the spread of infectious and contagious diseases. Three weeks at an anchorage before the ship was admitted into port was not unusual. With the improvement of port infrastructure and ever more efficient ships, things had to change, and international work was started. The work resulted in the International Sanitary Regulations, which came into force on 1 October 1952.