Demolition report dated 5 April 2019
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Arrest clauses in charter parties are frequently one-sided with charterers having the right to terminate the charter party if the ship is not released within two or three days of an arrest. To provide a fairer allocation of risk and responsibility in the event of ship arrest BIMCO has developed two ... Please follow the link to continue reading.
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In response to Covid-19, many countries have undertaken precautious measures such as curfew, lock down and state of emergency. For a few cases, the appropriate precautious measure was deemed to be general holidays.