Redelivering a ship at the end of a time charter party can sometimes result in a dispute between the owners and the charterers. The charterers may attempt to redeliver the ship before the end of the minimum charter period, or deliver it late. Charter parties are sometimes unclear about how and when ... Please follow the link to continue reading.
Background 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 fue... Please follow the link to continue reading.
Emission trading systems (ETS) are “cap and trade” schemes that permit the emission of greenhouse gases in exchange for allowances. Over time the quantity of allowances available to industry are reduced as an incentive to reduce emissions through increased efficiency and the use of alternative fuels... Please follow the link to continue reading.
Background BIMCO has for many years fully supported the concept of electronic bills of lading as a means of providing a more efficient and secure method of dealing with bills of lading, waybills and delivery orders. As of 2010, liabilities arising in respect of carriage of cargo under electronic (pa... Please follow the link to continue reading.
Guidance Notes The following guidance notes are intended to provide some background to the thinking behind the BIMCO LNG Fuel Quality Clause for Time Charter Parties. These notes explain the scope of each provision and clarify how the clause is intended to operate and the way it allocates risk betwe... 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 In addition to the Piracy Clause for Time Charter Parties, BIMCO has also developed two other standard piracy clauses: a Piracy Clause for Consecutive Voyage Charter Parties and COAs and a Piracy Clause for Single Voyage Charter Parties. Background As the title of the Clause suggests, t... Please follow the link to continue reading.
Introduction In March 2009 BIMCO published its Piracy Clause for Time Charter Parties. The Clause was drafted in response to industry demand for a comprehensive contractual provision dealing with rights, obligations, responsibilities, liabilities and costs related to piracy under a time charter. The... Please follow the link to continue reading.
BIMCO Personal Data Protection Clause The BIMCO Personal Data Protection Clause has been developed in response to concerns raised by owners, ship and crew managers and operators about the implications of the EU General Data Protection Regulation (GDPR) and similar legislation. It addresses the need ... Please follow the link to continue reading.
The handy guide contains all of BIMCO’s current standard offshore contracts and charter parties along with detailed guidance notes.
