Demolition report dated 25 August 2023
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Documentary Committee Chairman Francis Sarre of CMB has, after six years in the driver’s seat, passed over the reins of BIMCO’s contracts and clauses approval body to Nick Fell of BW Group. Fell takes over as Chairman at a time when the industry needs strong contractual solutions, not least due to t... Please follow the link to continue reading.
The spring meeting of the Documentary Committee, chaired by Francis Sarre, was held in Rome on 6 June. The sixty-strong committee discussed an extensive and diverse range of documentary projects and approved for publication three new contracts and one clause.
BIMCO's Documentary Committee in Copenhagen approves new contracts and clauses, setting industry standards for SmartCon and the BIMCO website, with explanatory notes coming soon.
Get the latest insight and interviews in the December edition of BIMCO’s Bulletin magazine.
An interview with Nick Fell, chair of BIMCO's Documentary Committee.
Background Until the publication of the QEL and QEL (SHORTFORM), no such standard form was available in the market. Although QELs may often be perceived as only benefiting the charterer, in most cases, they will be beneficial to the lenders as preserving the charterers’ uninterrupted use and enjoyme... Please follow the link to continue reading.
Conor Warde is the Head of Ship Finance for Asia at CMS and is based in Hong Kong. He is admitted in Hong Kong, England & Wales, the Republic of the Marshall Islands, and the US jurisdictions of Maryland and Washington, DC. He has a diverse practice advising clients on transactional, corporate, regu... Please follow the link to continue reading.