Rethinking Bareboat Charter Agreements in the Wake of the Covid-19 Pandemic
Abstract
Covid-19 represents a global crisis whose effects go beyond the field of public health, and affect many others parts of our daily lives. It goes without saying that the pandemic has heavily impacted all domestic economies due to a necessary slowdown of business activities driven by lock down measures, social distancing and uncertainty. The deteriorating financial situation of companies and individuals, alongside the domino effect produced on commercial relationships, puts companies on the verge of breaching their contractual obligations that had been undertaken pre-pandemic.
