This circular from Nordisk, a mutual freight, demurrage and defence (FD&D) club, provides insights into the following questions:
1) Are ports in affected countries “safe ports”?
2) Can owners refuse to proceed on the basis that the Vessel will be subject to quarantine?
3) Indemnity Claims – Can owners claim an indemnity for complying with charterers’ orders and calling at an affected port?
4) When is the vessel off-hire?
5) Laytime and demurrage regimes – is time going to count?
6) Is this a force majeure event?
7) Frustration
8) COVID-19 clauses
Click HERE to access the circular.