BIMCO’s CII clause adopted
CII clause adopted by BIMCO's documentary committee
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Transparency and cooperation at heart of updated HYDROCHARTER
BIMCO and Norwegian-based global aluminium company Hydro have launched a new edition of the HYDROCHARTER voyage charter party and HYDROBILL bill of lading.
New presentation clauses for use with ASBAGASVOY
The presentation clause is paramount when concluding business in the gas spot market as it describes how the gas tanker must present at the load port. The ASBAGASVOY drafting committee set up by BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) has developed tailormade present... Please follow the link to continue reading.
New Jason Clause
BIMCO New Jason Clause In the event of accident, danger, damage or disaster before or after the commencement of the voyage, resulting from any cause whatsoever, whether due to negligence or not, for which, or for the consequence of which, the Carrier is not responsible, by statute, contract or other... Please follow the link to continue reading.
GRAINCON
GRAINCON is a standard grain voyage charter party. It is accompanied by its own bill of lading, the GRAINCONBILL 2016. The latest edition of this contract is GRAINCON, issued in 2003. Copyright in GRAINCON is held by BIMCO.
Mediation / Alternative Dispute Resolution Clause 2021
In view of the significant time and costs associated with court and arbitration proceedings, BIMCO has developed a standard clause for inclusion in charter parties and other contracts which makes it possible for the parties to solve disputes via alternative dispute resolution (ADR) and in particular... Please follow the link to continue reading.
New BIMCO clause clarifies contractual position on AIS switch-off
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).
Bunker Price Adjustment Clause 2004
BIMCO Bunker Price Adjustment Clause 2004 This Contract is concluded on the basis of a bunker price of USD _____ per metric ton for _____ oil* of _____ grade. If the bunker price per metric ton at _____** on the first day of loading is higher than USD _____ or lower than USD _____, any amount in e... Please follow the link to continue reading.
NUVOY 84
The Universal Voyage Charter Party was published by the Polish Chamber of Foreign Trade and recommended by BIMCO. The latest edition of this contract is NUVOY 84.
BIMCO/IPTA Vegoil Tank Pre-wash Clause
BIMCO/IPTA Vegoil Tank Pre-wash Clause (a) If following discharge of the cargo the Vessel is required to pre-wash its cargo tanks prior to leaving the discharge port in order to comply with MARPOL 73/78 Annex II or any other national or local laws or regulations, the Charterers shall pay compensatio... Please follow the link to continue reading.
