SUPPLYTIME show draws Dutch interest
The first of a series of free public seminars on the new edition of SUPPLYTIME was held in Rotterdam on 12 October.
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Who is responsible for accounting and reporting a ship’s emissions?
It can be difficult to determine if shipowners or charterers are responsible for accounting and reporting the GHGs emitted by a ship. This article helps determine where the responsibility for accounting and reporting of GHG emissions from ships lies under different types of charter parties.
Pakistan, Karachi - ETA
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BIMCO publishes COVID-19 crew change clause
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.
Strike Clause
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.
Lien on Vessels (Additional Clause)
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 Mackin
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.
Supply/demand balance
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.
Fit for purpose: are your bunker clauses 2020 ready?
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.
Explanatory notes
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.
