Asian Gypsy Moth – New BIMCO Clause

In advance of the high risk season for Asian Gypsy Moth (AGM) that commences in March, BIMCO has issued a new AGM Clause for Time Charterparties. The background to and wording of the AGM Clause are set out in the BIMCO Special Circular (click here).

Details of the AGM Regulations and links to websites of the relevant Authorities have been the subject of a previous News Alert, which can be accessed by clicking here.