Guidance on Hurricane Harvey and force majeure
There is no question that Hurricane Harvey, which first struck Texas on August 25, 2017, was a storm of catastrophic proportions. An event like Harvey and the associated force majeure declarations have the potential to impact the performance of transportation contracts such as charter parties and contracts of affreightment.
The analysis of the impact, if any, will ultimately depend on the factual circumstances and contractual language. This guidance from our local correspondents describes the principal factors to be considered when a transportation contract contains a force majeure provision and when no such provision exists in the contract.
29826 - Guidance_Hurricane_Harvey (888 KB)
You may also be interested in:
BIMCO publishes COVID-19 crew change clause
BIMCO has produced a COVID-19 Crew Change Clause for Time Charter Parties in response to local lockdowns.
Press Release: Blockchain can have a transformative effect on the shipping industry – UK P&I Club comments
Following the launch of a legal briefing on blockchain contracts from UK P&I Club, Claims Executive, Filip Koscielecki explains how the technology can be hugely beneficial for the shipping sector: