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Insurance related problems in bareboat charter agreements
dc.contributor.author | Gilabert Gascón, Albano | |
dc.date.accessioned | 2021-09-27T08:18:50Z | |
dc.date.available | 2021-09-27T08:18:50Z | |
dc.date.issued | 2021-08-02 | |
dc.identifier.citation | Cite this article Gilabert Gascón, A. Insurance related problems in bareboat charter agreements. J. shipp. trd. 6, 12 (2021). https://doi.org/10.1186/s41072-021-00093-3 | ca_CA |
dc.identifier.issn | 2364-4575 | |
dc.identifier.uri | http://hdl.handle.net/10234/194825 | |
dc.description.abstract | In 2017, the majority of the United Kingdom Supreme Court held in its judgment in the Gard Marine and Energy v China National Chartering (The Ocean Victory) case that, in bareboat charters under the ‘BARECON 89’ form, if both the owner and the charterer are jointly insured under a hull policy, the damages caused to the vessel by the charterer cannot be claimed by the insurer by way of subrogation after indemnifying the owner. The interpretation of the charter party leads to the conclusion that the liability between the parties is excluded. Faced with the Supreme Court’s decision, the Baltic and International Maritime Council (BIMCO) adopted a new standard bareboat charter agreement only a few months later, the ‘BARECON 2017’ form, which amends, among other clauses, the one related to insurance. The present paper analyses (i) the new wording of the clause mentioned above and (ii) its incidence on the relationship between the parties of both the charter agreement and the insurance contract and its consequences for possible third parties. Despite BIMCO’s attempt to change the solution adopted by the Supreme Court and his willingness to allow the insurer to claim in subrogation against the person who causes the loss, the consequences, as it will be seen, do not differ much in practice when the wrongdoer is the co-insured charterer. On the contrary, when the loss is caused by a time charter or a sub-charter, in principle, there will be no impediment for the insurer to sue him. | ca_CA |
dc.format.extent | 18 p. | ca_CA |
dc.format.mimetype | application/pdf | ca_CA |
dc.language.iso | eng | ca_CA |
dc.publisher | SpringerOpen | ca_CA |
dc.publisher | Shipping Research Centre | ca_CA |
dc.relation | Implicaciones legales del uso de innovaciones tecnológicas en el transporte: problemas actuales y retos de futuro | ca_CA |
dc.relation.isPartOf | Journal of Shipping and Trade volume 6, Article number: 12 (2021) | ca_CA |
dc.rights | © The Author(s). 2021 Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/. | ca_CA |
dc.rights.uri | http://creativecommons.org/licenses/by-sa/4.0/ | ca_CA |
dc.subject | bareboat charter | ca_CA |
dc.subject | BARECON | ca_CA |
dc.subject | marine insurance | ca_CA |
dc.subject | joint and composite insurance | ca_CA |
dc.subject | subrogation of the insurer | ca_CA |
dc.title | Insurance related problems in bareboat charter agreements | ca_CA |
dc.type | info:eu-repo/semantics/article | ca_CA |
dc.identifier.doi | https://doi.org/10.1186/s41072-021-00093-3 | |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | ca_CA |
dc.relation.publisherVersion | https://jshippingandtrade.springeropen.com/ | ca_CA |
dc.type.version | info:eu-repo/semantics/publishedVersion | ca_CA |
project.funder.name | Universitat Jaume I | ca_CA |
oaire.awardNumber | PD-UJI/ 2019/23 | ca_CA |
oaire.awardNumber | UJI-B2019-46 | ca_CA |
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original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or
other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit
line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by
statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a
copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.