BIMCO UPDATES WAR RISK CLAUSES AMID RED SEA CRISIS AND GLOBAL MARITIME THREATS

13 APR 2025 BIMCO, the world’s largest shipping association and one of the primary providers of standardized contracts and charter party agreements used in the maritime industry, has announced significant updates to its War Risk Clauses for 2025 in response to escalating geopolitical challenges and ongoing maritime security concerns. The revisions come …

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