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War Risks Clause for Time Chartering 2013 (CONWARTIME 2013)

BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) (a) For the purpose of this Clause, the words: (i) “Owners” shall include the shipowners, bareboat charterers, disponent owners, managers or other operators who are charged with the management of the Vessel, and the Master; and (i... Please follow the link to continue reading.

Piracy Clause for Consecutive Voyage Charter Parties and COAs 2013

BIMCO Piracy Clause for Consecutive Voyage Charter Parties and COAs 2013 (a) If, in the reasonable judgement of the Master and/or the Owners, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) on any part of the route which is normally and customarily used on a voyage of th... Please follow the link to continue reading.

Piracy Clause for Time Charter Parties 2013

BIMCO Piracy Clause for Time Charter Parties 2013 (a) The Vessel shall not be obliged to proceed or required to continue to or through, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) which, in the reasonable judgement of the Master and/or the Owners, is dangerous to the... Please follow the link to continue reading.

Explanatory notes

GENCOA is designed using the well-known BIMCO box layout pattern with the form consisting of two main parts: a box layout in Part I and the main terms and conditions in Part II. Part l     Part II Preamble Clause 1 - Subject of Contract Clause 2 - Total Quantity/ Number of Shipments ... Please follow the link to continue reading.

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Explanatory notes

Explanatory Notes The following explanatory notes are intended to explain the drafting team’s thinking behind some of the key clauses. This document is intended as a living document and as BIMCO receives questions on some of the clauses, the notes will be expanded. Structure The contract is divided ... Please follow the link to continue reading.

Explanatory notes

Introduction The Mission The Main Criteria PART I – BOX LAYOUT  Part II – Terms and Conditions  Section 1 - VESSEL  Clause 1 (Builder’s and Buyer’s Obligations)  Clause 2 (Description)  Clause 3 (Classification, Rules and Regulations)  Clause 4 (IMO Hazardo... Please follow the link to continue reading.

Background

In 2019, BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) decided to jointly develop a dedicated gas tanker charter party, ASBAGASVOY. The new form is based on ASBATANKVOY, one of the most widely used tanker charter parties in the world. Although ASBATANKVOY was originally de... Please follow the link to continue reading.

Explanatory notes

PART I PART II Definitions 1. Slot and Weight Allocation 2. Period 3. Trading limits 4. Permitted Cargoes 5. Slot Charter Hire 6. Itinerary 7. Opening Containers 8. Stowaways 9. Drugs 10. Repairs 11. Owners' Obligations 12. Charterers'... Please follow the link to continue reading.