An outbreak of a virulent disease such as the Novel Coronavirus can have potentially significant implications for ship owners and operators. This could include the quarantine of a vessel and crew in an area where the disease is prevalent as well as the imposition of travel restrictions as a precaution against the disease spreading further. Making sure your charter parties clearly address these risks will help avoid possible delays and disputes if the Novel Coronavirus outbreak is not quickly contained.
BIMCO has published “Infectious or Contagious Diseases Clauses” for time and voyage charter parties that are freely available to the industry and can be downloaded from the BIMCO website:
Veritas Petroleum Services (VPS) publish regular Bunker Alerts based entirely on fuel samples and have kindly permitted BIMCO’s Members to access this information.
The Bunker Alerts are not intended to be an evaluation of overall bunker quality in the port or area concerned, but usually highlight a specific parameter within the fuel which has raised a quality issue.
All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.
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