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Explanatory notes

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.

Explanatory notes

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.