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Force Majeure 180 Seminar

17 March 2023

The seminar will provide an overview of the commercial and legal principles of Force Majeure and Frustration in connection with voyage and time chartering. The seminar will cover the definition and scope of Force Majeure and Frustration. This will include an overview of the legal definitions of Force Majeure and Frustration, their scope in relation to charterparties and the connection with the underlying commodity sales contract. We will discuss common examples of Force Majeure and Frustration that may arise in connection with chartering, such as natural disasters, war, strikes, etc. We will discuss how parties can protect themselves from the effects of Force Majeure and Frustration through contractual provisions such as force majeure clauses, frustration clauses, etc. The trainers will provide practical advice on how to deal with Force Majeure and Frustration events, including strategies for minimising losses or damages caused by these events. This will be linked with case studies and examples to illustrate how courts have interpreted the legal principles of Force Majeure and Frustration in connection with chartering and how this can be used to prevent disputes in advance of a potential Force Majeure event.

Force Majeure Clause 2022

10 January 2022

This clause addresses force majeure events occurring under contracts used by the shipping industry that affects the performance of the parties. It is a model clause that should be carefully reviewed by the parties and adapted as required to fit the context of the type of contract it is used in.

BIMCO force majeure clause under way

04 September 2020

With an increasing focus on force majeure due to the COVID-19 outbreak, BIMCO has gathered a drafting team to develop a free-standing force majeure clause for use in a variety of contracts.

Stay up to date with BIMCO's shipping market insights at online events

29 October 2020

In the coming months, BIMCO’s Chief Shipping Analyst, Peter Sand, will participate in BIMCO’s very own webinar series: The Shipping Markets Checkpoint: threats and opportunities in a COVID-19 world, as well as numerous insightful virtual conferences focusing on the commercial shipping markets.

BIMCO at COP28

29 November 2023

BIMCO's Niko Schües, David Loosley and Lars Robert Pedersen will be taking part in discussions and raising awareness of shipping’s role in the fight against climate change

Controversial holidays in a laytime context

21 April 2022

Holidays are reflections of the culture we live in, however laytime holidays are detached from cultural context. As our perception of current and historic event are biased by personal views, it should come as no surprise that holidays may be disputed – and even controversial. Having clarification on laytime exemptions may avoid disputes.

Meet BIMCO’s Chief Shipping Analyst at Bloomberg Intelligence in London, UK

29 August 2019

Join Peter Sand at the London International Shipping Week, where he will be participating in the Navigating Through IMO 2020 amid slowing growth discussion hosted by Bloomberg Intelligence. The discussion will cover the outlook for the commercial shipping markets, alongside an IMO panel discussion on how to prepare for the upcoming IMO 2020 Sulphur Cap. The event will be followed with a networking reception.