OILFIELD CONTRACTS AND INCIDENTS
Impact of COVID-19 on Shipbuilding and Offshore Construction Contracts: Is a Pandemic the Same as an Epidemic? Does a ‘Supervening Illegality’ Trump a Force Majeure Clause?
In the wake of the coronavirus (“COVID-19”) worldwide outbreak, the socio-economic activities in many countries have been impeded on an unprecedented scale. The shipbuilding / offshore construction industry alone has been exposed to significant difficulties, such as compulsory lockdowns, mandatory quarantines, shortage of labour, shortage of supplies and materials, and many governmental restrictions and policies […]