BIMCO CII Clause for Voyage Charterers – The Key Points
This new clause is aimed at helping the parties to cooperate to ensure the vessel complies with its obligations to…
Delay at port due to Fog: Does laytime run?
We consider when weather conditions such as fog, and low-lying cloud, may interrupt or be considered as an exception to…
Changes to Industry Standard Form Letters of Indemnity
A review has recently been conducted of the widely used P&I standard Letter of Indemnity wordings by a committee of…
BIMCO ETSA CLAUSE FOR TIME CHARTER PARTIES 2022
Following the EU Emissions Trading System (“EU ETS”) adopted by the European Union (“EU”), the EU is one step closer…
BIMCO CII CLAUSE FOR TIME CHARTERS ADOPTED – IS IT IN CHARTERERS’ INTERESTS?
As we reported earlier in the year, MARPOL introduced the Efficiency Design Index for Existing Ships (“EEXI”) and Carbon Intensity
NOTICE OF CANCELLATION IN RESPECT OF WAR RISKS
Circular to Assureds (no 001 2022) All parties directly underwriting insurance are ultimately reliant on the support of the global
EEXI AND CII – CUTTING CARBON EMISSIONS FROM SHIPS.
2023 sees the introduction of the Energy Efficiency Existing Ship Index (EEXI) and the Carbon Intensity Indicator (CII) regulations following…
JWC AMENDMENT EFFECTIVE 07 MARCH 2022
The Joint War Committee (JWC) of the IUA and the LMA have reviewed the summary of Listed Areas and an…
WAR RISKS: THE UKRAINE SITUATION
The developing situation between Russia and Ukraine has resulted in the Joint War Committee (“JWC”) issuing its Circular JWLA-028 on…
JWC AMENDMENT EFFECTIVE 15 FEBRUARY 2022
The Joint War Committee (JWC) of the IUA and the LMA have reviewed the summary of Listed Areas and an…