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BIMCO COVID 19 weekly report dated 11 March 2022

This BIMCO COVID 19 weekly report for the week ending 11 March covers the International Maritime Organization (IMO), Russia, Ukraine, United Kingdom, the International Labour Organization (ILO) and the latest from the World Health Organization (WHO).  Every week, BIMCO summarises measures imposed by... Please follow the link to continue reading.

Explanatory notes

Introduction With close to 20 years since its last revision, the WORLDFOOD charter party was due for an update. While the mandate of the UN humanitarian organisation World Food Programme (WFP) remains to fight hunger globally, commercial practice and the law have changed since the last edition was p... Please follow the link to continue reading.

Russia

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Explanatory notes

Structure Annex A – Vessel Specification  Annex B – Insurance Definitions Clause 1 (Charter Period) Clause 2 (Delivery and Redelivery) Clause 3 (Condition of Ship) Clause 4 (Structural Alterations and Additional Equipment) Clause 5 (Surveys, Audits and Inspe... Please follow the link to continue reading.

Brazil

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Background

The need for a clearly worded pooling agreement has been demonstrated by the many queries received from members over the years and suggestions that BIMCO should produce a contract covering the issues. In the light of changes in the application of EU competition law in the maritime sector and Guideli... Please follow the link to continue reading.

Background

Pooling agreements, as a means of achieving efficiencies for shipowners with the benefits being passed on to their customers, are a feature of tramp markets. In October 2012, BIMCO published POOLCON (now renamed POOLCON A) as the first of two specialist documents setting out the basis for contractua... Please follow the link to continue reading.