Maritime Reader

MARITIMEINTELLIGENCEDAILY11 MAY 2026 MONDAY
P&I / InsuranceSkuld·about 29 years ago

Revision of the TOVALOP Charterparty Clause

Skuld

Circular issued by International Group clubs Dear Sirs Members were advised in December 1996 of the expiry of the TOVALOP Agreement on 20 February 1997, and of the fact that the TOVALOP clause would thus no longer be appropriate for inclusion in charterparties. Whilst a number of tanker charterers have accepted these