Technical, regulatory and financial aspects of the 2020 global fuel sulphur cap regime understandably loom large in people’s minds. But the importance of the contractual dimension should not be overlooked. BIMCO is forging ahead with an all-encompassing 2020 Clause for charter parties, which should ... Please follow the link to continue reading.
The Documentary Committee, under the chairmanship of Mr Francis Sarre, met in Copenhagen on 17 November in Copenhagen for its regular autumn meeting. Following two years’ intensive work involving owners, lawyers and financial institutions, a new Standard Term Sheet for Bilateral Financing was adopte... Please follow the link to continue reading.
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Learn how to identify and protect yourself from fake shipping contracts with our expert insights and tips.
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BIMCO updating Infectious or Contagious Diseases Clauses to address pandemics
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In light of the recent development, BIMCO recommends using the latest editions of its War Risks clauses VOYWAR 2013 and CONWARTIME 2013
BIMCO has published two clauses that take a balanced approach to termination risk following ship arrest, in response to cases seen in recent years when some dry cargo charterers have tightened procedures to arrest under a charter party.
Şadan Kaptanoğlu, Immediate Past President of BIMCO: "Our industry urgently needs an acceleration of research and development".
