What if war involving North Korea actually happens? Cancellation clauses in charterparties, MOAs and shipbuilding contracts

As the upcoming Winter Olympics in Pyeongchang provide more talking points on the South/North Korea divide and continues to fuel the sparring match with the US, Zoe Jackson evaluates the ever changing tensions in Korea and considers the definition of “war" in a legal sense and how a war in Korea may affect the shipping industry, with particular reference to charterparties, MOAs and shipbuilding contracts.

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