Dry cargo market report dated 29 July 2022
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Evidence of Performance Clause 2006
BIMCO Evidence of Performance Clause 2006 The actual route taken by the Vessel shall be used as the basis of any calculation of the Vessel's performance under this Charter Party. Owners and Charterers agree that evidence of the weather, sea state and other factors affecting the vessel’s performance... Please follow the link to continue reading.
BIMCO floating storage clause for tankers: what to cover
The practice of charterers using oil tankers for floating storage is certainly not a new concept. What’s different with the current demand for storage is the huge number of ships being time chartered for floating storage purposes due to the collapse in oil prices, partly as a result of COVID-19. The... Please follow the link to continue reading.
Ship arrest focal point of new clause
BIMCO has started work on standard arrest clauses for use in charter parties.
ETSA and IOCD Clauses and updated GENCON adopted; CII Compliance Clause expected soon
See the outcomes and decisions from the BIMCO Documentary Committee meeting May 2022
INTERTANKO Terminals Conditions of Use Clause
INTERTANKO Terminal Conditions of Use Clause (a) For the purposes of this clause, ‘Conditions of Use’ (COU) shall mean any agreement, terms or document that the Owner, or the Master on behalf of the Owner, is required to sign or otherwise accept in order for the Vessel to call, access or otherwise m... Please follow the link to continue reading.
With CII now in force, should my T/C mention CII?
BIMCO's advice about compliance with CII
Homecoming for NYPE 2015 at ASBA hosted seminar
At a seminar hosted by ASBA in Stamford on 10 November the NYPE 2015 time charter party was presented to ASBA members.
Updated SUPPLYTIME sets new benchmark for offshore charters
BIMCO has published a new edition of SUPPLYTIME, its widely used time charter party for offshore support vessels.
Ice information for northern hemisphere now available for 2021/22 season (members only)
BIMCO’s Ice Information for the northern hemisphere is now live for this season. Reports will be published weekly, or twice weekly if ice conditions become harsher.
