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Explanatory notes

The following notes are intended to provide an explanation of the reasoning behind the clauses of the BIMCO Bunker Terms 2018 that are not self-explanatory. Clause 1 - Definitions Clause 2 – Specifications/Grades/Quality Clause 3 – Quantities/Measurements Clause 4 – Sampling Cla... Please follow the link to continue reading.

BIMCO adopts SHIPMAN 2024

BIMCO officially adopts SHIPMAN 2024, the revised version of its widely used ship management agreement, following a comprehensive two-year review process involving key stakeholders in the maritime industry.

Leaner BARECON expected this autumn

Users of BARECON can expect BIMCO’s standard bareboat charter party to become leaner and more focussed when a new edition is released later this year.

Explanatory notes

These Explanatory Notes set out the reasoning behind the clauses that are not self-explanatory. The BARECON bareboat charter was first published in 1974. It has become one of BIMCO’s most successful and widely used charter parties and was last updated in 2001. Although BARECON is rarely the subject ... Please follow the link to continue reading.

What’s on the agenda at the upcoming BIMCO Documentary Committee meeting

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.