BIMCO has produced a COVID-19 Crew Change Clause for Time Charter Parties in response to the extraordinary circumstances faced by many owners whose crew have had to remain on board during the COVID-19 “lockdown” for periods often extending beyond their contracts of employment.
BIMCO Lien on Vessels (Additional Clause) Charterers will not suffer, nor permit to be continued, any lien or encumbrance incurred by them or their agents, which might have priority over the title and interest of the owners in the vessel.
Stephen is a partner at Hill Dickinson in Newcastle, UK. He is a former mariner and now lawyer with experience, both practical and legal of all aspects and issues arising from the carriage of liquid cargoes by sea. He has been described by clients as “the lawyer you want on your right hand side in a... Please follow the link to continue reading.
BIMCO Strike Clause (a) If there is a strike or lock-out affecting or preventing the actual loading of the cargo, or any part of it, when the Vessel is ready to proceed from her last port or at any time during the voyage to the port or ports of loading or after her arrival there, the Master or the O... Please follow the link to continue reading.
Cargo volumes are expected to grow more slowly than the fleet, at 3-4% in both 2024 and 2025 vs. fleet growth of 9.5% in 2024 and 4.9% in 2025. However, the ship supply/demand balance is still expected to strengthen in 2024 as Houthi attacks on ships in the Red Sea force ships to take longer r... Please follow the link to continue reading.
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.
Two new standard clauses have been developed to allocate responsibility under a charter party for materials provided by and used by the charterers to secure cargo. The clauses were adopted by the Documentary Committee at its meeting in London in May 2008. The Securing Materials Removal Clauses are i... Please follow the link to continue reading.
Discover the latest updates on BIMCO's documentary work programme, exploring the current subcommittees' efforts and upcoming projects, with a special focus on the CII-associated agenda.
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The latest edition of this clause is the Dispute Resolution Clause 2017.
