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Search for ships currently entered in the London P&I Club by their name or I M O number Search Search for correspondents in our global network by country/area or port/city Search BIMCO Radiation Risk Clause for Time Charter Parties 28 April 2011 Members will be aware of the recent tragedy in Japan and the issues arising from it, particularly the potential threat of nuclear contamination. In response to the on-going situation at the Fukushima nuclear plant, BIMCO has drafted a standard Radiation Risk Clause for Time Charter Parties in order to try to achieve a balanced contractual solution for both owners and charterers. The clause is as follows:- “BIMCO Radiation Risk Clause for Time Charter Parties (a) The Vessel shall not be obliged to proceed or required to continue to or through or remain at, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) which may expose the Vessel, her cargo, crew or other persons on board the Vessel to danger from levels of ionizing radiations from or contamination by radioactivity from any nuclear fuel, nuclear waste or from the combustion of nuclear fuel, or the radioactive, toxic, explosive or other hazardous or contaminating properties of any nuclear installation, reactor or other nuclear assembly or component thereof (hereinafter “Radioactivity”) determined by a competent local, national or international authority (including but not limited to the International Atomic Energy Authority and the World Health Organization) to be harmful to human health. (b) If in accordance with sub-clause (a) the Owners decide that the Vessel shall not proceed or continue to or through or remain in the Area they must immediately inform the Charterers. The Charterers shall be obliged to issue alternative voyage orders and shall indemnify the Owners for any claims from holders of the Bills of Lading caused by waiting for such orders and/or the performance of an alternative voyage. Any time lost as a result of waiting for or c
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pi_circular London P&I Club ·2011-04-27

BIMCO Radiation Risk Clause for Time Charter Parties

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