The Charter Party Workshop (Masterclass) Online is a series of 10 online sessions and combines a range of lecturers on voyage and time chartering with sessions on related day-to-day issues and troubleshooting
Discover how Ukraine's holiday observance is affected by the revised Julian Calendar and the significance of competent authority declarations. For in-depth holiday-related insights in Ukraine, please reach out.
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Listen to a chat with BIMCO's Holiday expert, Johan Conrad, about the implications of Eid al Fitr
What is the definition of a holiday for laytime purposes and how does BIMCO help members when there is doubt? Read a case story about Juneteenth in Louisiana.
Demurrage forms an integrated part of the laytime provisions in voyage charter parties operating with fixed laytime. Just as voyage freight, the amount of demurrage negotiated reflects the current market conditions and not necessarily the daily cost of the vessel. This means that it is just as impor... Please follow the link to continue reading.
Introduction Laytime and demurrage are fundamental to tramp shipping. Specialist terms which have evolved over the years have been extensively analysed by legal commentators and frequently tested in the courts. This has resulted in subtle distinctions where a choice of term or use of language can ad... Please follow the link to continue reading.
