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Background

The BIMCO GENCOA Sanctions Clause for Contract of Affreightment 2022 is intended to address two scenarios. The first scenario is where the owners or charterers (or the third parties they are responsible for under the clause) are listed by a sanctioning authority or government and become subject to s... Please follow the link to continue reading.

Explanatory notes

Special observations Part I Part II Clause 1 - Definitions Clause 2 - Duration of the Agreement Clause 3 - Condition of Equipment on Delivery Clause 4 - Condition of Equipment on Redelivery  Clause 5 - Delivery and Redelivery Procedures  Clause 6 - Payment of rent and other ... Please follow the link to continue reading.

Explanatory notes

Introduction Prompted primarily by the coming into force of the English Arbitration Act 1996, BIMCO has thoroughly revised and updated its Standard Law & Arbitration Clause. In a slight departure from tradition and for ease of incorporation into non-standard charter parties and other agreements, thr... Please follow the link to continue reading.

Alessio Sbraga

Alessio is a Partner at the London office of International law firm, HFW.  He specialises in international commercial dispute resolution in the marine and offshore sectors, and has over 12 years' experience of advising in respect of charterparties, bills of lading, sale contracts, shipbuilding, MOA,... Please follow the link to continue reading.

Background

Spills involving oil or hazardous substances can occur for a wide variety of reasons and where pollution occurs, clean-up operations are carried out by appointed spill responders.  In a maritime context the incident giving rise to the spill may also involve salvage operations to save property and pr... Please follow the link to continue reading.

BIMCO adopts new tug, barge and “floating hotel” contracts

BIMCO has extended its library of offshore industry standard contracts with the adoption of ASVTIME – a time charter party for accommodation support vessels. Updates of BIMCO’s ocean towage agreements – TOWCON and TOWHIRE – have also been adopted along with a new edition of its charter party for hir... Please follow the link to continue reading.