International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully ... Please follow the link to continue reading.
The BIMCO Sanctions Clause for Time Charter Parties 2020 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 sanctions res... Please follow the link to continue reading.
An interview with BIMCO's new President, Niko Schües
The first revision of the New York Produce Exchange Time Charter (NYPE) since 1993 now published
The BIMCO Sanctions Clause for Voyage Charter Parties 2020 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 sanctions r... Please follow the link to continue reading.
MEMBER CONTENT – login using the orange button at the top of the page to view.
Background Explanatory Notes Structure Clause 1. Owners, Charterers, Vessel Clause 2. Charterers’ Loading Port(s), Cargo Clause 3. Discha... Please follow the link to continue reading.
Ship conversions are typically "one off" projects, which conceptually rest somewhere on a spectrum between repair and newbuilding. Smaller conversions are typically closer to repairs, whereas larger conversions are closer to newbuildings. CONVERSIONCON has been designed for larger conversions but re... Please follow the link to continue reading.
MEMBER CONTENT – login using the orange button at the top of the page to view.
In January 2010 BIMCO initiated a project to develop slow steaming clauses for use in time and voyage charter parties. While work on the voyage charter party clause is still on-going, the clause for time charter parties was adopted by BIMCO’s Documentary Committee at its meeting in Copenhagen in Nov... Please follow the link to continue reading.
