Top 5 questions on maritime contracts and COVID 19

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The Top 5 questions BIMCO receives related to contracts and the coronavirus are:
- Are ports considered unsafe?
- Is this a 'force majeure' situation?
- What about laytime - will it run?
- Will a ship remain on hire?
- Can the charter party be cancelled?

#shipping #contracts

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Top 5 questions on maritime contracts and COVID 19

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The Top 5 questions BIMCO receives related to contracts and the coronavirus are:
- Are ports considered unsafe?
- Is this a 'force majeure' situation?
- What about laytime - will it run?
- Will a ship remain on hire?
- Can the charter party be cancelled?

#shipping #contracts