BIMCO and INTERTANKO have jointly published Q&As addressing the contractual implications owners and charterers should keep in mind when chartering ships fitted with scrubbers. The Q&As highlight the key charter party clauses and concepts which should be reviewed for both time and voyage charter part... Please follow the link to continue reading.
The NIPPONCOAL coal voyage charter party was published by the Documentary Committee of the Japan Shipping Exchange and adopted by BIMCO. The latest edition of this contract is NIPPOCOAL, issued in 1983.
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.
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BIMCO has published a new charter party clause to help tackle potential abuse by sanctions busters of the Automatic Identification System (AIS) which is mandatory for all ships to use under regulations for the Safety of Life at Sea (SOLAS).
LNGVOY is a voyage charter party for the carriage of liquefied natural gas. Copyright in this document is held jointly by BIMCO and GIIGNL (International Group of Liquefied Natural Gas Importers). The latest edition of this contract is LNGVOY, issued in 2016.
BIMCO Delay for Charterers' Purposes Clause If the Vessel is prevented from leaving the port after completion of loading/discharging for more than two (2) hours waiting for cargo papers or for any other reason attributable to cargo being loaded or discharged including but not limited to control and/... Please follow the link to continue reading.
BIMCO Cancelling Clause 2002 (Code Name: CANCELCON 2002) (a) Should the Vessel not be ready to load (whether in berth or not) on the agreed cancelling date, the Charterers shall have the option of cancelling this Charter Party. (b) Should the Owners anticipate that, despite the exercise of due d... Please follow the link to continue reading.
BIMCO Guarantee Clauses Personal Guarantee "In consideration of the execution by you, at my request, of a charterparty, a copy of which is attached, chartering for a period of ........... the vessel ............ to ........... of ............. hereinafter called ............. I hereby agree as fol... Please follow the link to continue reading.
BIMCO Protective Clauses Note: Unless the clauses below are used separately, they should be prefaced by the words: “All Bills of Lading under this Charter Party shall contain the following clauses.” Clause Paramount The International Convention for the Unification of Certain Rules of Law relat... Please follow the link to continue reading.
