US-PRC Trade War And Impact On Shipping

It seems that many clients were hoping that the US would back down but that has not been the case so far. Clients are now scrambling to deal with issues relating to US trade. There is recommended BIMCO clause in circulation. However, that clause does not extend to existing charters. We continue to be approached for advice on who should bear these charges and if and how they can be passed down to others.

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