Laytime allowed
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Background
Owners commonly require time charterers to provide a written guarantee underwriting their obligations to pay the owners for all sums due under the agreement. Such guarantees are typically issued by a parent company. A guarantee should provide owners with a greater degree of security; but if it is po... Please follow the link to continue reading.
Misuse of the term "subject stem" and similar expressions
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Notice given at the pilot station
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Asbatankvoy pumping warranty
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Reversible laytime
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Sub stem fixture
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Performance clause
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Know your contractual partner
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BIMCO’s new IOCD Clause focuses on keeping the trade going and avoiding further supply chain issues
BIMCO has updated the Infectious or Contagious Diseases Clause for charter parties
