An unforeseeable event that prevents the fulfillment of a contractual obligation.
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Al Sharqi Shipping is a leader in the logistics industry with more than 30 years of experience in guiding and moving freight across the globe.
What does Force Majeure mean?
Force majeure refers to an unforeseeable event or circumstance that is beyond the control of the parties involved in a shipping contract, such as natural disasters, war, or government action. Force majeure clauses are often included in shipping contracts to protect the parties from liability in the event that shipping is disrupted or delayed due to an unforeseeable event.
Related Glossary terms
→ Supply Chain
→ Supply Chain Management (SCM)
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