Have your say on the upcoming ASBATANKVOY form revision by industry experts. Join the conversation and influence the modernisation of this vital tanker voyage charter party, not revised since 1977. Be a part of the industry consultation starting in November 2023.
Background Sea Traffic Management (STM) is designed to contribute to a safer, more efficient and environmentally friendlier maritime sector through the development and use of information shared between different stakeholders. STM embraces a range of services including computer-recommended route adju... Please follow the link to continue reading.
GENCON is a standard voyage charter party. It is a general-purpose agreement for the services of a ship in exchange for freight and can be used in a variety of trades. The latest edition is GENCON 2022.
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Emission Schemes are “cap and trade” schemes that cap the total amount of greenhouse gases to be emitted by certain vessels covered by the system. Over time, this cap is reduced as an incentive to reduce greenhouse gas emissions through increased efficiency and the use of alternative fuels. In t... Please follow the link to continue reading.
Emission Schemes are “cap and trade” schemes that cap the total amount of greenhouse gases to be emitted by certain vessels covered by the system. Over time, this cap is reduced as an incentive to reduce greenhouse gas emissions through increased efficiency and the use of alternative fuels. In the ... Please follow the link to continue reading.
Drafting Team The CII Clause for Voyage Charter Parties is the result of a collaborative and consensual process between owners, charterers, P&I clubs and legal experts. BIMCO is grateful to the following individuals: Peter Eckhardt, F. Laeisz (Chairperson) ... 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.
The BIMCO Documentary Committee (DC) is convening on 11 October to discuss and potentially adopt six crucial projects, including the CII Clause for Voyage Charter Parties, Ship Sales Further Trading Clause, ETS Allowances (ETS) Clause for SHIPMAN, Quiet Enjoyment Letters, SYNACOMEX, and WRECKSTAGE.
To encourage wider adoption of just in time (JIT) arrival principles in the bulk sector, BIMCO has written a new clause for voyage charter parties. The clause creates a contractual framework to overcome the primary obstacle to just in time arrivals, which is the obligation on shipowners to proceed w... Please follow the link to continue reading.
