USA, California, Oakland CA - Development
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In 2021 BIMCO initiated a project to develop a suite of LNG fuel clauses for time charter parties. The number of LNG fuelled ships in operation is growing steadily and the suite reflects the need to have bespoke clauses in time charters for these ships. The LNG clauses cover matters related to the ... Please follow the link to continue reading.
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BIMCO' flagship contract has been updated to and is now GENCON 2022. Download a sample contract here.
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BIMCO is merging its sanctions and designated entities charter party clauses, following revisions by a specialist subcommittee, to create a more robust contractual solution for sanctioning.