Bulletin Updates
Tighter charge caps, vessel substitution flex and collision penalties reshape risk on multi-utility vessel charter – 26 Nov 2025
Nov 26, 2025
The multi-utility vessel charter quietly rewires both pricing mechanics and operational risk.
Mobilisation, demobilisation and ancillary charges are now hemmed in by hard caps and a new “limiting of charges” undertaking, while a quantified penalty looms over any platform contact.
What this does to bidder behaviour, margins and fleet choices will only be visible once the commercial bids are locked in.
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