War risk clauses do not apply in the Middle East Gulf, but they soon might
Donald Trump is not everyone’s idea of a highly trained legal mind. But when he described recent attacks on shipping in the Gulf of Oman as ‘very minor’, he was probably right, at least when it comes to invoking charterparty war risk clauses
‘As for pulling out of a charter altogether, an owner could not justify this unless the charterer can be shown to be wrongfully insisting on the vessel sailing through an area,’ says Watson Farley & Williams’ partner Evangelos Catsambas
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