BIMCO’s updated CONWARTIME 2025 and VOYWAR 2025 clauses reshape how the industry responds to modern war risks.
In a landscape defined by Red Sea volatility, Black Sea conflict, and renewed piracy threats, these revisions introduce a recalibrated balance between transparency, operational safety, and financial clarity.
🔥 Key insights:
- Greater transparency: owners must now demonstrate “reasonable endeavours” when negotiating premiums and terms.
- Crew-first approach: Kidnap & Ransom insurance is now expressly recoverable as part of “insurance costs.”
- Real-time operational freedom: masters may act on any relevant naval or flag-State advisory—critical when threats escalate without warning.
These changes echo a global reality where geopolitical risk evolves by the hour. Our contractual frameworks must evolve with equal urgency.
📌 This article, made available by the Shipowners’ Club, provides an authoritative overview of the new clauses and their operational implications.
đź“Ś Full document + Safe Ports Guide:
https://www.shipownersclub.com/latest-updates/publications/safe-ports
What’s your view on these updated clauses?
How is your organisation preparing for this next generation of war-risk exposure?
Knowledge, precision, responsibility — every day in shipping and beyond. ⚓️
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