25 August 2026
BIMCO seeks industry input on contractual gaps from Gulf disruption

BIMCO is seeking maritime industry feedback on whether existing charter party frameworks adequately address disruptions affecting ships in the Persian Gulf. Hostilities that began in late February 2026 led to a sharp decline in vessel traffic through the Strait of Hormuz. BIMCO said many ships already inside the Gulf have remained unable to leave safely. The disruption extends beyond restrictions on physical navigation caused by naval mines. Shipowners and masters have also faced missile and drone threats, navigation system interference and uncertainty over security arrangements for transiting the area.
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