Tue, 03 Mar 2020 22:00:57 +0000
Do the effects of the coronavirus give rise to legitimate force majeure claims in connection with shipbuilding contracts (which similarly apply to offshore construction contracts), particularly those underway in China? In general terms, a force majeure event is an unforeseeable one that is outside a contracting party’s control and prevents that party from performing its …
Full article: https://www.hellenicshippingnews.com/an-epidemic-of-uncertainty-the-coronavirus-and-force-majeure/