WRECKHIRE 2010
30 January 2023WRECKHIRE 2010 is an international wreck removal and marine services agreement based on payment of daily hire. The latest edition of this contract is WRECKHIRE 2010. Copyright in WRECKHIRE 2010 is held by BIMCO.
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WRECKHIRE 2010 is an international wreck removal and marine services agreement based on payment of daily hire. The latest edition of this contract is WRECKHIRE 2010. Copyright in WRECKHIRE 2010 is held by BIMCO.
The latest edition of this contract is WRECKHIRE 2010 .
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.
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.