Time-limited parties and war clauses
The ongoing war in Ukraine reminds us that war clauses can become relevant at short notice. We look at the war risk clause CONWARTIME 2013 and war termination clauses in time charter parties.
The ongoing war in Ukraine reminds us that war clauses can become relevant at short notice. We look at the war risk clause CONWARTIME 2013 and war termination clauses in time charter parties.
In case C-267/18 of 3 October 2019, the Court of Justice of the European Union is considering the conditions for rejecting tenderers who have previously breached contracts with other public contracting authorities.
Global shipping accounts for approximately 3% of the world's CO₂ emissions. Both the IMO and the EU Commission are working on measures to reduce emissions, and the requirements will have an impact on time charter parties.