Explanatory Notes The following explanatory notes are intended to explain the drafting team’s thinking behind some of the key clauses. This document is intended as a living document and as BIMCO receives questions on some of the clauses, the notes will be expanded. Structure The contract is divided ... Please follow the link to continue reading.
Introduction Standard terms and conditions Clause 1 - Definition Clause 2 - Notification Clause 3 - Liability for Carriage Between Port of Loading and Port of Discharge Clause 4 - Law and Jurisdiction Clause 5 - The Scope of Carriage Clause 6 - Substitution of... Please follow the link to continue reading.
FIT Alliance member DCSA has announced that the CEOs of nine of the world's largest liner companies have pledged 100% adoption of eBLs by 2030. This significant commitment by these liner companies, the majority of whom are BIMCO members, sends a strong signal to the shipping community that the switc... Please follow the link to continue reading.
Introduction In 2009 BIMCO published its Piracy Clause for Time Charter Parties. In addition to the revised time charter edition, BIMCO also developed two other standard piracy clauses: a Piracy Clause for Single Voyage Charter Parties; and a Piracy Clause for Consecutive Voyage Charter Parties and ... Please follow the link to continue reading.
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This BIMCO COVID 19 weekly report for the week ending 17 September covers Azerbaijan, Iran, Philippines, Russia and the latest from the International Maritime Organization (IMO). Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew change, as well as u... Please follow the link to continue reading.
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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.
PART I PART II Clause I - Preamble Clause 2 - Owners’ Responsibility Clause 3 - Deviation Clause 4 - Payment of Freight Clause 5 - Loading/Discharging Clause 6 - Laytime Clause 7 - Demurrage Clause 8 - Lien Clause Clause 9 - Cancelling Clause Clause 1... Please follow the link to continue reading.
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