BIMCO’s approval body for contracts and clauses will meet online on 23 February. The development of a series of carbon clauses is high on the Committee’s agenda. An Emissions Trading System Allowances (ETSA) Clause for time charters is up for adoption and the Committee will also be asked to review a... Please follow the link to continue reading.
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Cancelling Clause 1970 (CANCELCON 1970) Should the vessel not be ready to load (whether in berth or not) latest at 12 midnight on the …………… Charterers have the option of cancelling this contract. If it appears that the vessel will be delayed beyond such cancelling date, the Owners may as soon as the... Please follow the link to continue reading.
BIMCO’s approval body for contracts and clauses gathered on 23 February to discuss a highly topical agenda. Two contracts of affreightment and a contract for conversion work on ships were adopted. Split views on whether adopting the ETSA Clause was premature postponed the adoption of this clause.
The Australian Wheat Charter Party was developed for the carriage of wheat by the Australian Wheat Board and was recommended by BIMCO. The government-owned Australian Wheat Board is now defunct. It was accompanied by its own bill of lading, the AUSTWHEATBILL. The latest edition of this contract is A... Please follow the link to continue reading.
Sale and leaseback transactions have seen a substantial increase in recent years as an alternative method of ship financing, and BIMCO has adopted a new term sheet which will facilitate the negotiation of sale and leaseback deals and make the process cheaper for parties involved.
BIMCO’s Documentary Committee has approved a revised version of the Continent Grain Charter Party, SYNACOMEX
This webinar is about End User Certificates for weapons used by private maritime security companies on board ships. It is hosted by Giles Noakes and Grant Hunter and was recorded on 9 December 2016.
