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War in Ukraine – Impact on contractual obligations | Hellenic Shipping News Worldwide

We outline some of the Frequently Asked Questions primarily related to Defence issues below. While many questions will depend on the specific facts, we provide some general guidance which will be supplemented as events unfold. These answers are based on the charterparty being subject to English law. The answers may be different if the charterparty . ....

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Ukrainian & Russian Hostilities – Charterparty and Cover Issues | Hellenic Shipping News Worldwide

Owner members whose vessels are ordered, or charterer members who order vessels, to proceed to load or discharge at Ukrainian and / or Russian Black Sea ports should consider the English law charterparty and cover issues outlined below as the situation in the area develops. 1. War Risks It is common practice to include war . ....

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Indonesia: Coal export ban | Hellenic Shipping News Worldwide

In January 2022, Indonesia, the world’s biggest exporter of thermal coal, implemented a month-long coal export ban to prevent potential power loss and blackouts, after supplies at domestic power plants fell to critically low levels. Even though Indonesia gradually lifted the export ban on the mining companies which have met all their domestic market obligation . ....

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BIMCO Force Majeure Clause Launched

The unforeseen events of recent years have demonstrated how beneficial it can be for parties to contractually “expect the… ....

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BIMCO Force Majeure Clause 2022 launched | Hellenic Shipping News Worldwide

The unforeseen events of recent years have demonstrated how beneficial it can be for parties to contractually “expect the unexpected” – whether the event is extraordinary weather conditions caused by climate change or a pandemic. To help parties prepare for the unexpected, BIMCO has published a new clause The new BIMCO Force Majeure Clause 2021 . ....

Philip Stephenson , Nicola Ioannou , Rory Butler , Stephenson Harwood , Majeure Clause , Standard Club , Peri Ertugruloglu , Andrew Rigden Green ,