BIMCO publishes ship financing forms to ensure uninterrupted use of ships

Capt. John

BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the charterers’ uninterrupted use of a ship if the owner defaults under the financing facility. The QELs will be provided by the lender to the...

https://www.hellenicshippingnews.com/bimco-publishes-ship-financing-forms-to-ensure-uninterrupted-use-of-ships/

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