BIMCO Seaway and Great Lakes Trading Clause (a) Without prejudice to any conditions in this Charter Party applicable to ice, the Charterers shall have the privilege of trading the Vessel to the Great Lakes in the open season but the Vessel shall not be required to enter the St. Lawrence Seaway witho... Please follow the link to continue reading.
As part of its effort to openly share COVID-19 information and advice with the industry BIMCO has published a Q&A on its Infectious Diseases Clauses.
BIMCO Personal Data Protection Clause for CREWMAN A and B 2009 For the purposes of this Clause: “Data Subject” means any identified or identifiable natural person, including Crew. “Personal Data” means any information relating to any Data Subject connected with the Crew Management Services. “DPR” me... Please follow the link to continue reading.
BIMCO has started its work to draft an industry standard clause for the Russian Oil Cap Scheme.
The objective of the Bunker Non-Lien Clause is to provide a pre-emptive mechanism to protect owners by requiring time charterers to inform their counterparty, the seller, at the outset that bunkers ordered are being supplied for their account and that no lien can be placed over the vessel.
Questions and answers about BIMCO's CII Operations Clause
BIMCO, the world’s largest international shipping organisation, has now launched an anti-corruption clause for charter parties. The new clause will give owners and charterers a contractual platform for cooperative action to resist demands for illegal payments from port officials and others.
The latest edition of this clause is the BIMCO Hull Fouling Clause for Time Charter Parties 2019
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.
BIMCO has produced two clauses for time charter parties to address key contractual issues relating to the switch to fuel with a maximum sulphur content of 0.50% as of 1 January 2020. The two clauses are the 2020 Marine Fuel Sulphur Content Clause, which replaces the BIMCO Fuel Sulphur Content Clause... Please follow the link to continue reading.
