BIMCO Search Results

What are the differences between demurrage and detention?

Demurrage forms an integrated part of the laytime provisions in voyage charter parties operating with fixed laytime. Just as voyage freight, the amount of demurrage negotiated reflects the current market conditions and not necessarily the daily cost of the vessel. This means that it is just as impor... Please follow the link to continue reading.

GENERAL INFORMATION

Insight and information about general topics of interest to the global shipping industry

FuelEU Maritime - update on BIMCO Documentary Work

The dedicated subcommittee to examine the implications of the FuelEU Maritime Regulation, part of the EU's “Fit for 55”, has made significant progress drafting a clause for time charter parties as well as for SHIPMAN.