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Results for:Time%20charter

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15+15 webinar: Seafarers’ mental health in modern times

27 March 2023

Working always in the same spaces, isolated from the rest of the world, being in contact with the same people, exposed to noise and smell, sleep deprivation, fatigue and constantly changing environment can cause a psychological deterioration that may lead to chronic disorders and even severe pathologies. When well taken care, the mental well-being of the crew members on-board translates into better team work and overall increase in the efficacy and productivity of the crew members on -board

Time charter and infectious and contagious diseases

07 April 2020

BIMCO has over recent weeks published a lot of information about COVID-19 and which measures different countries have implemented in an effort to curtail the spread of the virus. An overview can be found on BIMCO’s website.

Turkish Straits - new transit time implemented

01 August 2017

The Turkish Ministry of Transport, Maritime Affairs and Communications, has on 28 July 2017, amended the 'transit' rule in the Maritime Traffic Regulations for the Turkish Straits, from 48 hours to 168 hours.

Arrest Clause for Time Charter Parties 2019

07 December 2023

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 new standard clauses for time and voyage charter parties. Risk allocation is based on the “sphere of responsibilities” approach taken by the Court of Appeal of England and Wales in the "Global Santosh" judgment . Under this approach, a distinction is drawn between issues such as the management of the ship and its crew, which fall within the owners’ sphere of responsibility, and employment for use of the ship which falls within the charterers’ sphere of responsibility. This clause was published on 14 June 2019.