BIMCO’s Documentary Committee has discussed and approved a proposal to re-write GENCON’s Clause 2, which deals with owners’ liabilities. It is part of a major overhaul of the industry’s most widely used standard voyage charter party.
The latest edition of this clause is the War Risks Clause for Voyage Chartering 2013 (VOYWAR 2013)
See an overview of BIMCO's content for members about sanctions. This is not a substitute for legal advice.
This is a clause published by the International Group of P&I Clubs which has been endorsed by BIMCO.
In response to the global sulphur limit of no more than 0.50% that will come into force on 1 January 2020, BIMCO has established a subcommittee for the development of a charter party clause that will address the issues related to the new regulations.
A news piece covering BIMCO's new subcommittee tasked to draft a Data Sharing and Energy Performance Clause and a Retrofit Cost Benefit Clause.
This is a clause published by the International Group of P&I Clubs which has been endorsed by BIMCO.
BIMCO continues to seek feedback on CII clause and explain regulatory complexities
BIMCO Dry Bulk Marine Risk Assessment Clause for Time Charter Parties 2013 (a) The Charterers may, at their time, risk, cost and expense, conduct a marine risk assessment of the Vessel in accordance with this Clause. However, the Owners do not warrant or represent that the Vessel is or will be accep... Please follow the link to continue reading.
BIMCO U.S. Census Bureau Mandatory Automated Export System (AES) Clause for Voyage Charter Parties 2010 (a) If the Vessel loads cargo in any US port or place, the Owners shall comply with the current US Census Bureau Regulations (15 CFR 30) or any subsequent amendments thereto and shall undertake th... Please follow the link to continue reading.
