(www.MaritimeCyprus.com) BIMCO has recently taken the opportunity to revise its most widely used War Risks clauses for time and voyage charter parties and an overview of the main changes compared with the
(www.MaritimeCyprus.com) BIMCO has recently taken the opportunity to revise its most widely used War Risks clauses for time and voyage charter parties and an overview of the main changes compared with the 2013 clauses is set out below. Several of the provisions are now more "charterer friendly" compared with the 2013 clauses.
CONWARTIME 2025:
Whilst much of the 2013 clause has been kept “as is”, key changes introduced in the 2025 clauses include:
i) “Area” and “Insurance costs” (a): definitions
Content Original Link:
" target="_blank">
