BIMCO’s Documentary Committee has approved two charter party sanctions clauses to help owners and charterers manage due diligence policies and navigate an increasingly complex environment of economic and trade sanctions imposed by governments.
BIMCO has recently revised its suite of stand-alone ice clauses and has distilled them into two standard clauses: the BIMCO Ice Clause for Voyage Charter Parties and the BIMCO Ice Clause for Time Charter Parties. The amendments were made because the existing ice clauses were felt to be deficient in ... Please follow the link to continue reading.
BIMCO’s Documentary Committee (DC) will have a busy agenda when they meet on 5 December. The DC will consider for approval new sanctions clauses for time and voyage charter parties. They will also review progress on a new edition of GENCON and be asked to provide feedback on other projects ranging f... Please follow the link to continue reading.
BIMCO' flagship contract has been updated to and is now GENCON 2022. Download a sample contract here.
The NANYOZAI 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 NANYOZAI 1997.
BIMCO is merging its sanctions and designated entities charter party clauses, following revisions by a specialist subcommittee, to create a more robust contractual solution for sanctioning.
INTERCONSEC 76 contains additional clauses for use in relation to tanker consecutive voyages under the TANKERVOY 87 charter party.
Terminal operators engaged in the loading and discharging of high density solid bulk cargoes are not always aware of the increased stress, torsional, bending and shear forces to which a vessel may be subjected during these operations, Very often speed of loading or discharging is the only considerat... Please follow the link to continue reading.
1. Compliance Clause Owners warrant that the vessel complies with all mandatory international regulations being in force at the date of this Charter Party applicable to the contracted voyage and cargo, and that the vessel has onboard the necessary valid certificates. 2. Cleaning Clause (a) If on pr... Please follow the link to continue reading.
The latest edition of this charter party is HYDROCHARTER 2017.
