Intertanko Provides Model Piracy Clauses

Monday, February 09, 2009

While the marine and technical teams at Intertanko have responded with practical advice and assistance to the piracy attacks in the Gulf of Aden and off Somalia, Intertanko’s documentary committee has responded quickly to the need for a model piracy clause. The clause was produced in December, 2008 for both voyage and time charters and is being used by brokers and charterers.

Many current charterparties will not have anticipated the possibility of the vessel being hijacked. Owners should therefore check the terms of their existing charters and bills of lading before, for example, taking any decision to re-route the ship. Re-routing may expose an owner to claims for breach of charter - for example a failure to prosecute the voyage with ‘due’ or ‘utmost despatch’, and also to claims under the bill of lading – for example for deviation and late delivery. Owners should also check their war risk clauses, some of which permit a deviation in appropriate circumstances. 

For new fixtures, Intertanko’s documentary committee has produced the following clauses which address the main issues involved in transiting the Gulf of Aden and/or re-routing the ship. These clauses are not comprehensive and will need to be amended to suit the particular factors affecting each ship and voyage. The need for these clauses must also be assessed in the context of the charterparty as a whole. Owners should ensure that such provisions are also included in the bills of lading.

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Maritime Security

Brazil Truck Strike Diminishes

Some truck drivers in Brazil continued blocking roads on Tuesday, slowing grains deliveries to southern ports, even as adherence to the strike diminished and a

ICS: EU Must Act in Mediterranean Crisis

The International Chamber of Shipping (ICS) says EU Member States must act urgently to prevent the loss of thousands more lives, as the humanitarian crisis in the

Ships to Declare Weapons at Egyptian Ports

All ships calling at Egyptian Red Sea ports or transiting the Suez Canal must declare any weapons onboard to Safaga Port Authority. As per the Egyptian Maritime Security Committee ruling,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3605 sec (3 req/sec)