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BIMCO North American Advance Cargo Notification Clause for Time Charter Parties 2016 1. US Notification Requirements for Time Charter Parties (a) If the Vessel loads or carries cargo destined for the US or passing through US ports in transit, the Charterers shall comply with the current US Customs r... Please follow the link to continue reading.
BIMCO U.S. Census Bureau Mandatory Automated Export System (AES) Clause for Time Charter Parties 2010 (a) If the Vessel loads cargo in any US port or place, the Charterers shall comply with the current US Census Bureau Regulations (15 CFR 30) or any subsequent amendments thereto and shall undertake ... Please follow the link to continue reading.
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BIMCO U.S. Security Clause for Time Chartering 2002 If the Vessel calls in the United States, including any U.S. territory, the following provisions shall apply with respect to any applicable security regulations or measures: Notwithstanding anything else contained in this Charter Party all costs o... Please follow the link to continue reading.
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BIMCO has recently carried out a study of the various hire payment anti-technicality/grace period clauses that appear in many time charter parties. The purpose of the study has been to examine ways in which the use of anti-technicality and grace period clauses as regular hire payment “holidays” by l... Please follow the link to continue reading.
The sanctions landscape has grown increasingly complex since BIMCO published its Sanctions Clause for Time Charter Parties in 2010 and the Designated Entities Clause for Charter Parties in 2013. International sanctions regimes are constantly changing with new restrictions being added and new persons... Please follow the link to continue reading.
The outbreak from time to time of virulent diseases can have significant implications for ship owners and operators. This might include quarantine of a vessel and crew in an area where the disease is prevalent as well as the imposition of restrictions, possibly weeks or months later, in ports remote... Please follow the link to continue reading.