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The recently imposed new restrictions in several ports will have an impact on the operations of ships. Performing crew changes will very likely become more difficult and result in floating quarantines, meaning that more delays and disruptions in supply chains can be expected.
With the new variant creating uncertainty for shipowners, even more complex planning will be needed to avoid financial losses.
Crew change difficulties can lead to disputes about off-hire, laytime and which party is responsible for the financial effects of the delays. It is therefore all the more important to enter into a charter party with your eyes open and be aware of any potential exposure to additional costs and delays, for example for floating quarantine.
BIMCO’s contracts and clauses are industry standards for charter parties and many other agreements in the shipping industry. Here is a short overview of how we at BIMCO are here to assist you:
If you are a member of BIMCO, feel free to call us for advice. If you are considering becoming a member, please don't hesitate to get in touch to hear about all the benefits of membership.