-
ICA Claims – Preserving Time
The inter-club agreement is designed to prevent litigation. It normally does so, so any reporting providing further clarity is welcome.
-
Uncertainty Around BIMCO’s Non-Payment of Hire Clause
The vessel was time-chartered on an NYPE form containing the BIMCO Non-Payment of Hire Clause. Hire was payable 15 days in advance, every 15 days.