Guidance Notes The following guidance notes are intended to provide some background to the thinking behind the BIMCO LNG Fuel Quality Clause for Time Charter Parties. These notes explain the scope of each provision and clarify how the clause is intended to operate and the way it allocates risk betwe... Please follow the link to continue reading.
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This BIMCO and Nautilus Labs white paper identifies issues of existing business models which operate on a “Sail Fast Then Wait”-basis.
BIMCO Loading and Discharging with Grabs Note : (a) and (b) are alternatives; the one not applicable shall be deleted. (a) No cargo shall be loaded into deeptanks (not including floodable holds), bunker and bridge spaces, wings and ends of ‘tweendecks. (b) No cargo shall be loaded into deepta... Please follow the link to continue reading.
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An introduction to BIMCO's documentary work, with a focus on the Emissions Trading Scheme (ETS)
Although SUPPLYTIME 2017 is a pure offshore support vessel charter party, BIMCO knows that it is frequently used for many tasks other than those it was originally designed for. Users commonly draft their own special provisions for additional services and this sometimes leads to omissions or conflict... Please follow the link to continue reading.
The BIMCO CONWARTIME and VOYWAR War Risks Clauses, respectively for time and voyage charter parties, were last revised in 2004. However, as a result of views recently expressed by the courts, changes in trading practices during the intervening years and insurers’ response to user demands for special... Please follow the link to continue reading.
This publication builds upon decades of BIMCO’s experience as the world leader in developing standard shipping contracts and clauses and its daily practice of advising BIMCO members about contractual issues.
It seems to be becoming increasingly difficult to find locations where in-water hull cleaning will be allowed for environmental reasons. At the same time, local regulations related to biofouling, are now in place in New Zealand and California, Australia is working on it, and more locations may follo... Please follow the link to continue reading.
