Successfully implementing a Just In Time (JIT) arrival scheme is dependent not only on an efficient operational framework but also on important contractual considerations. Therefore, BIMCO has formed a small group of experts to help draft a new Just In Time Clause which will focus on these contractu... Please follow the link to continue reading.
See an quick overview of all BIMCO's articles, contracts and clauses related to FuelEU Maritime
Background The revision of the BIMCO IOCD Clause for Time Charter Parties was prompted by the COVID-19 pandemic. The clause is not intended to be a “COVID-19 clause” - it is designed with future epidemics and pandemics in mind. The BIMCO IOCD Clause 2022 is appropriate for outbreaks of diseases on ... Please follow the link to continue reading.
The latest edition of this clause is the War Risks Clause for Time Chartering 2013 (CONWARTIME 2013)
BIMCO has initiated work to develop a standard charter party for Accommodation Support Vessels (ASVs) to provide the industry with a balanced standard document that can be used in the offshore sectors.
BIMCO Stevedore Damage Clause for FIO Voyage Charter Parties 2008 (a) The Charterers shall be responsible for damage (fair wear and tear excepted) to any part of the Vessel caused by Stevedores. The Charterers shall be liable for all costs for repairing such damage and for any time lost, which shall... Please follow the link to continue reading.
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BIMCO Securing Materials Removal Clauses for Voyage Charter Parties 2008 At each discharge port the Charterers shall, in their time and at their risk and expense, endeavour to remove from the vessel lashing, securing and other materials supplied by the Charterers and no longer required for cargo ope... Please follow the link to continue reading.
A BIMCO committee started work this week to review SYNACOMEX, the popular grain voyage charter party
BIMCO Virtual Arrival Clause for Voyage Charter Parties 2013 (a) Notwithstanding any other clause in this Charter party entitling the Owners to slow steam, the Charterers shall be entitled to request the Owners in writing to instruct the Master to adjust the Vessel’s speed to meet a specified time o... Please follow the link to continue reading.
