Revision underway of SYNACOMEX grain charter
A BIMCO committee started work this week to review SYNACOMEX, the popular grain voyage charter party
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Standard Escrow Agreement for Disputes
The Standard Escrow Agreement for Disputes is a contract for depositing security for a claim in a dispute. The latest edition of this contract is the Standard Escrow Agreement for Disputes, issued in 2017. Copyright in the Standard Deposit Escrow Agreement for Ship Sale and Purchase is held by BIMCO... Please follow the link to continue reading.
Safety Warranty Prevails: US Supreme Court Rules that Owners can Rely on Absolute Warranty in Frequently Used Safe Berth Clauses
BIMCO, INTERCARGO and INTERTANKO welcome the ruling by the highest court in the United States on 30 March 2020 concluding that the plain meaning of the safe-berth clause in the Athos I dispute includes an unambiguous warranty of safety.
Geographical rotation
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Standard Deposit Escrow Agreement for Ship Sale and Purchase
The Standard Deposit Escrow Agreement for Ship Sale and Purchase is a contract for depositing money in connection with ship sale and purchase transaction. The latest edition of this contract is the Standard Deposit Escrow Agreement for Ship Sale and Purchase, issued in 2017. Copyright in the Standar... Please follow the link to continue reading.
Is there an impact on the performance warranties?
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FONASBA Standard Liner and General Agency Agreement
The Standard Liner and General Agency Agreement was published by FONASBA (the Federation of National Associations of Ship Brokers and Agents) and approved by BIMCO in 2001. It is a contract between the liner principal and its agent and governs, for example, the obligations of and payments to the age... Please follow the link to continue reading.
BIMCO’s Intervention service for members
Do you have brokerage commission owed to you? Have you heard about the BIMCO Intervention Service available for undisputed amounts?
WORLDFOOD 99
The United Nations World Food Programme Voyage Charter Party, WORLDFOOD 99, is a BIMCO approved document to which the World Food Programme holds the copyright. The contract is used for shipments of food to emergency areas to save the lives of victims of war, civil conflict and natural disasters. The... Please follow the link to continue reading.
Special Observations
In accordance with standard BIMCO practice BOXLEASE is laid out in two parts. Part I is in a box layout and contains all the variable information, whilst Part II contains the standard terms and conditions. Part I forms the actual Contract and in the event of any conflict in conditions between the tw... Please follow the link to continue reading.
