BIMCO launches latest guidance for charter negotiations
Today, BIMCO re-launches one of its most enduringly popular publications – Check Before Fixing.
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Optimisation and GHG reduction are key in new BIMCO Just in Time Arrival Clause
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.
HME Cargo Residues Disposal Clause for Voyage Charter Parties 2014
BIMCO HME Cargo Residues Disposal Clause for Voyage Charter Parties 2014 If the cargo is harmful to the marine environment (HME) in accordance with MARPOL Annex V, the Charterers shall be responsible for all extra costs and time and/or losses incurred by the Owners associated with the storage, remov... Please follow the link to continue reading.
Explanatory notes to Infectious or Contagious Diseases Clause for Time Charter Parties
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.
Standard War Risk Clause for Time Charters 1993 (CONWARTIME 1993)
The latest edition of this clause is the War Risks Clause for Time Chartering 2013 (CONWARTIME 2013)
Stevedore Damage Clause for FIO Voyage Charter Parties 2008
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.
BIMCO initiates work on new ASV charter for the offshore sectors
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.
Whether time counts when vessel is forced to leave berth due to weather conditions - GENCON
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Revision underway of SYNACOMEX grain charter
A BIMCO committee started work this week to review SYNACOMEX, the popular grain voyage charter party
Securing Materials Removal Clauses for Voyage Charter Parties 2008
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.
