Three of the world’s largest bunker suppliers, including World Fuel Services and Dan Bunkering, have joined a team of industry experts to review BIMCO’s standard bunker contract – BIMCO Terms 2015. Shipowners will be represented by Denmark-based J Lauritzen and Norden. Legal and P&I input comes from... Please follow the link to continue reading.
BIMCO and Fathom have published an updated 2016 edition of their practical, step-by-step guidance publication that helps shipowners understand ballast water management requirements.
The new agreement is designed to meet the contractual needs of small to medium sized shippers, which, despite the large number and global value of the shipments they transport, often lack the legal resources to develop their own agreements with carriers.
At a breakfast meeting earlier today with senior shipping industry representatives, the EU Naval Force Operation Commander, Major General Martin Smith MBE, stated that whilst Somali-based piracy in the Indian Ocean and Gulf of Aden is suppressed, there is no room for complacency regarding the ongoin... Please follow the link to continue reading.
The latest edition of this clause is the War Risks Clause for Voyage Chartering 2013 (VOYWAR 2013)
BIMCO has today shared the two critical issues at the top of its own priority list ahead of the IMO’s MEPC meeting next week.
Steadily increasing support for the Gulf of Guinea Declaration on Suppression of Piracy, combined with Nigeria announcing significant investment to address the ongoing piracy issue in the Gulf of Guinea, raises hope that efforts are on the right track to end piracy in the region and increase safety ... Please follow the link to continue reading.
Shipping companies are being strongly encouraged to use new ‘Transitional Measures for Shipowners Selling Ships for Recycling’ launched by a wide coalition of international shipping industry organisations.
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BIMCO Piracy Clause for Time Charter Parties 2013 (a) The Vessel shall not be obliged to proceed or required to continue to or through, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) which, in the reasonable judgement of the Master and/or the Owners, is dangerous to the... Please follow the link to continue reading.
