BIMCO Slow Steaming Clause for Time Charter Parties 2011 (a) The Charterers may at their discretion provide, in writing to the Master, instructions to reduce speed or RPM (main engine Revolutions Per Minute) and/or instructions to adjust the Vessel’s speed to meet a specified time of arrival at a pa... Please follow the link to continue reading.
The subcommittee tasked with the revision of BIMCO’s suite of third party management contracts continues its work to develop a standard Emission Trading Scheme Allowances (ETSA) Clause for use with the popular ship management agreement SHIPMAN.
BIMCO War Risks Clause for Voyage Chartering 2013 (VOYWAR 2013) (a) For the purpose of this Clause, the words: (i) "Owners" shall include the shipowners, bareboat charterers, disponent owners, managers or other operators who are charged with the management of the Vessel, and the Master; and (ii) "W... Please follow the link to continue reading.
BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) (a) For the purpose of this Clause, the words: (i) “Owners” shall include the shipowners, bareboat charterers, disponent owners, managers or other operators who are charged with the management of the Vessel, and the Master; and (i... Please follow the link to continue reading.
BIMCO Radioactivity Risk Clause for Time Charter Parties 2012 (a) The Vessel shall not be obliged to proceed or required to continue to or through or remain at, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) which may expose the Vessel, her cargo, crew or other persons ... Please follow the link to continue reading.
The International Group of P&I Clubs is encouraging the industry to incorporate and apply the 2011 Inter-Club Agreement (ICA) into all NYPE and ASBATIME time charter parties. The newly published NYPE 2015 already contains a clause expressly providing for the 2011 edition of the ICA. BIMCO recommends... Please follow the link to continue reading.
BIMCO Piracy Clause for Single Voyage Charter Parties 2013 (a) If, after entering into this Charter Party, 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 customar... Please follow the link to continue reading.
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.
Watch Stinne Taiger Ivø, Director, Contracts & Support, BIMCO and Lars Robert Pedersen, Deputy Secretary General, BIMCO explain about the content of the BIMCO ETSA Clause, and the regulatory framework provided by the EU revision of the ETS Directive.
