Q&A with Nick Fell, Chairperson of BIMCO’s Documentary Committee
An interview with Nick Fell, chair of BIMCO's Documentary Committee.
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BIMCO Search Results
Bunker Rise Clause for Voyage Chartering
BIMCO Bunker Rise Clause for Voyage Chartering This Charter is concluded on the basis of a price of .......... per ton of* ............. for bunker** ............. oil of .............. grade in force on the date of this Charter. If the price actually paid by the Owners during the period of this Ch... Please follow the link to continue reading.
Significant developments at the Documentary Committee Meeting on 22 March 2024
The BIMCO Documentary Committee (DC) met on 22 March 2024 in Hamburg, chaired by Nick Fell, marking a significant milestone in BIMCO's documentary work with the adoption of key projects and review of ongoing developments. Highlights include the adoption of the revised SHIPMAN and updates on ASBATAN... Please follow the link to continue reading.
Background
The BIMCO GENCOA Sanctions Clause for Contract of Affreightment 2022 is intended to address two scenarios. The first scenario is where the owners or charterers (or the third parties they are responsible for under the clause) are listed by a sanctioning authority or government and become subject to s... Please follow the link to continue reading.
Bunker Price Adjustment Clause 2004
BIMCO Bunker Price Adjustment Clause 2004 This Contract is concluded on the basis of a bunker price of USD _____ per metric ton for _____ oil* of _____ grade. If the bunker price per metric ton at _____** on the first day of loading is higher than USD _____ or lower than USD _____, any amount in e... Please follow the link to continue reading.
Documentary Committee to focus on carbon clauses at February gathering
BIMCO’s approval body for contracts and clauses will meet online on 23 February. The development of a series of carbon clauses is high on the Committee’s agenda. An Emissions Trading System Allowances (ETSA) Clause for time charters is up for adoption and the Committee will also be asked to review a... Please follow the link to continue reading.
Rise in shipments under short term COA prompts new BIMCO standard form
As a result of a rising number of shipments of industrial raw materials such as bauxite, coal and iron ore being transported under COAs, BIMCO is working on a new standard form of contract of affreightment (COA).
Piracy Clause for Consecutive Voyage Charter Parties and COAs 2013
BIMCO Piracy Clause for Consecutive Voyage Charter Parties and COAs 2013 (a) If, in the reasonable judgement of the Master and/or the Owners, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) on any part of the route which is normally and customarily used on a voyage of th... Please follow the link to continue reading.
VOLCOA Japanese Terms
This provision will be applicable when the parties have chosen Japanese law as the governing law of VOLCOA. In such cases, the VOLCOA Japanese Terms will replace Clause 21 (Law and Arbitration) of VOLCOA and disputes should be referred to arbitration in Japan.
What’s on the agenda at the upcoming BIMCO Documentary Committee meeting in Hamburg
Explore the newest developments in BIMCO's contracts and clauses with the upcoming meeting of the BIMCO Documentary Committee in Hamburg on March 22, including discussions on updated SHIPMAN, revised Russian Oil Price Cap Scheme Clause, and insights into the industry's response to CII.
