Diversion Costs Archives - Fichte & Co Legal Legal Firm in Dubai Thu, 01 Oct 2026 13:36:01 +0000 en-US hourly 1 https://fichtelegal.com/wp-content/uploads/2022/01/cropped-Favicon-32x32.png Diversion Costs Archives - Fichte & Co Legal 32 32 When Voyage Becomes Unsafe: Allocating Risk Under Charterparty https://fichtelegal.com/when-voyage-becomes-unsafe-allocating-risk-under-charterparty/?utm_source=rss&utm_medium=rss&utm_campaign=when-voyage-becomes-unsafe-allocating-risk-under-charterparty Thu, 01 Oct 2026 13:36:01 +0000 https://fichtelegal.com/?p=45265 The Strait of Hormuz has become a stark reminder that geopolitical risk can quickly become contractual risk for the shipping industry. A dangerous route does not however, by itself, determine whether an owner may refuse to proceed, whether a charterer has breached the charterparty, or who bears the resulting costs. Those questions depend on the …

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