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Explanatory notes
20 June 2018Explanatory notes
27 September 2019Protective Clauses
07 December 2023Saudi Arabia, King Fahd Port - Towage
27 February 2018New Wreck Removal Agreement provides optional risk allocation procedure
25 October 2022The introduction of QRA (Quantitative Risk Analysis) into the contracting process for maritime wreck removal operations has prompted a revision of WRECKSTAGE. QRA is used to assess risk in the operation of an engineering process to inform and guide decisions on the allocation of risk between the contracting parties and the consequent pricing ramifications.
Richard Neylon
18 April 2024Richard Neylon is Partner at HFW in London. Richard specialises in shipping and crisis response. He acts for a range of shipowners, charterers and insurers, in wet and dry shipping disputes. A large proportion of Richard's work involves resolving disputes arising from marine casualties and he has been involved in many of the recent high profile incidents. He has particular experience of collisions, fires/explosions, salvage, piracy, capture/seizure, groundings and unsafe port claims – often involving complex multi-jurisdictional litigation and arbitration. Whilst he works in the Admiralty & Crisis Management department, the complexity of modern marine casualties necessarily involves him in a mix of wet and dry work.
New contract will help speed spill response times
15 June 2017BIMCO and ISCO have launched two new spill response contracts to make the task of arranging clean-up services following a spill incident significantly easier to negotiate in an emergency.
Explanatory notes
20 June 2018Spill response tackled in new contract
03 July 2016The International Spill Control Organization (ISCO) and BIMCO are working together to develop a standard contract for spill response services. The contract is expected to be published by the end of the year.
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