BIMCO Search Results

Coronavirus and crew restrictions; what to keep in mind

Crew unable to disembark, service engineers unable to maintain essential equipment and classification societies unable to do scheduled ship surveys. This is the new reality for many, as several port authorities and port state authorities are imposing restrictions on mobility due to the Coronavirus (... Please follow the link to continue reading.

Law and Arbitration Clause 2020 London

The Law and Arbitration Clause 2020 replaces the Dispute Resolution Clause 2017. There are versions available for four named arbitration venues – London, New York, Singapore and Hong Kong. The mediation provision found in earlier versions of this clause has been removed and made into a free standing... Please follow the link to continue reading.

COVID 19 - BIMCO supports the industry with contracts and clauses

The recently imposed new restrictions in several ports will have an impact on the operations of ships. Performing crew changes will very likely become more difficult and result in floating quarantines, meaning that more delays and disruptions in supply chains can be expected. With the new variant c... Please follow the link to continue reading.

AUSTWHEAT 1990

The Australian Wheat Charter Party was developed for the carriage of wheat by the Australian Wheat Board and was recommended by BIMCO. The government-owned Australian Wheat Board is now defunct. It was accompanied by its own bill of lading, the AUSTWHEATBILL. The latest edition of this contract is A... Please follow the link to continue reading.

Tension in the Gulf: The contractual implications

The recent seizures of an Iraqi oil tanker and a UK flagged ship by Iranian authorities have further increased tensions in the Gulf following earlier attacks on tankers in Fujairah and the Gulf of Oman. But what are the contractual implications for ships operating in the area?

Explanatory notes

Background Specialist Piracy Clauses setting out party rights and obligations in response to piracy risks were first issued in 2009. Three provisions were drafted respectively for time charter parties, consecutive voyage charters/COAs and single voyage charters. However, following a recent court cas... Please follow the link to continue reading.

Explanatory notes

Background Specialist Piracy Clauses setting out party rights and obligations in response to piracy risks were first issued in 2009. Three provisions were drafted respectively for time charter parties, consecutive voyage charters/COAs and single voyage charters. However, following a recent court cas... Please follow the link to continue reading.

Average Bond Clause 2018

The BIMCO Average Bond Clause 2017 has been updated. The main change is in the final paragraph where the shorter limitation period previously applicable to adjustments arising under the York Antwerp Rules 2004 no longer applies. As a result, in all cases rights to claim under the clause have been br... Please follow the link to continue reading.