A joint project from BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) to develop a standard gas tanker voyage charter party took a big leap forward at a subcommittee meeting on 5-6 September. The aim of the project is to develop a standard form dedicated to the chartering of ... Please follow the link to continue reading.
The Just in Time Arrival Clause 2021 is for use in voyage charter parties where owners and charterers have agreed to operate a just in time arrival scheme that permits charterers to ask owners to optimise the speed of the ship to arrive at a destination at an agreed time. The clause takes a generic ... Please follow the link to continue reading.
The latest edition of this clause is the Piracy Clause for Single Voyage Charter Parties 2013.
BIMCO Sea Traffic Management (STM) Clause for Voyage Charter Parties 2018 (a) The Owners and Charterers shall use their best endeavours to obtain and share information regarding the Vessel’s Arrival Time, this shall include, but not be limited to, information from, or required by, an applicable STM... Please follow the link to continue reading.
The latest edition of this clause is the Piracy Clause for Consecutive Voyage Charter Parties and COAs 2013.
BIMCO Virtual Arrival Clause for Voyage Charter Parties 2013 (a) Notwithstanding any other clause in this Charter party entitling the Owners to slow steam, the Charterers shall be entitled to request the Owners in writing to instruct the Master to adjust the Vessel’s speed to meet a specified time o... Please follow the link to continue reading.
In November 1998, BIMCO was approached by the European Community Shipowners’ Association (ECSA) to discuss the possibility of developing a Recommended Quality Clause that would encourage the practical implementation of the European Shippers Council (ESC) “Voluntary Code of Best Practice”. The ESC’s... Please follow the link to continue reading.
This clause is one from a suite of three clauses developed by the subcommittee for the voyage charter party context. The objective was to provide industry stakeholders with the flexibility to choose a procedure suitable for their specific trade and business. You should consider whether this Emission... Please follow the link to continue reading.
BIMCO Slow Steaming Clause for Voyage Charter Parties 2012 (a) The Owners shall be entitled to give instructions to the Master to reduce speed or RPM (main engine Revolutions Per Minute) provided that the Vessel’s speed, basis good weather conditions, shall not fall below knots. (b) Wher... Please follow the link to continue reading.
BIMCO EU Advance Cargo Declaration Clause for Voyage Charter Parties 2012 (a) If the Vessel loads cargo in any EU port or place destined for a port or place outside the EU (“Exported”) or loads cargo outside the EU destined for an EU port or place or passing through EU ports or places in transit (“... Please follow the link to continue reading.
