BIMCO publishes new force majeure clause

Chamber of Shipping > Blog > News > International > BIMCO publishes new force majeure clause

Unforeseen events of recent years have demonstrated how beneficial it can be for parties to contractually “expect the unexpected”. To help parties prepare and resolve situations arising from unexpected events impacting the performance of contracts, BIMCO has published a Force Majeure Clause 2022.  It is a “model” clause designed for use with all types of agreements. This means that parties may need to adapt it to suit the specific needs of their contract and should look carefully at the wording and the explanatory notes before using the clause.

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