Two new standard clauses on agenda for BIMCO's April 2023 Documentary Committee - Russian Oil Cap and On-Trading clauses
The ability to agree contractually to adjust a vessel’s speed in order to meet a specified time of arrival can bring economic benefits to the parties. Instead of proceeding at full speed towards a discharge port only to wait at anchor for an available berth, virtual arrival permits the adjustment of... Please follow the link to continue reading.
Introduction Part I – Box layout Part II – Terms and conditions SECTION 1 – DEFINITIONS AND VOYAGE Definitions Clause 1 (Scope of Voyage) SECTION 2 - CARGO Clause 2 (Cargo Requirements) Clause 3 (Cargo Description) Clause ... Please follow the link to continue reading.
BIMCO has added several features to its contract editor since it was launched in 2018, and more will be added by the end of the year and throughout 2020.
View BIMCO's extensive library of articles containing help and advice about time chartering
BIMCO, Institute of Chartered Shipbrokers and Ocean Technologies Group subsidiary Videotel have partnered to create a high-quality, accessible educational resource to help maritime students across the globe to continue their studies remotely during the coronavirus pandemic.
Basic features Face of the document Standard terms and conditions Clause 1 - Definitions Clause 2 - Carrier’s Tariff Clause 3 - Law and Jurisdiction Clause 4 - Methods and Routes of Transportation Clause 5 - Stowage Clause 6 - Hindrances, etc. affecting Performance ... Please follow the link to continue reading.
The risk of infestation by Asian Gypsy Moth (AGM) is a perennial problem for vessels trading in the Far East during the female moth’s flight season. The risk is particularly high in Korea, Japan, Northern China and the Russian Far East. A number of countries are highly alert to the risk of this inva... Please follow the link to continue reading.
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A common problem in the container trade, be it for combined transport shipments or port to port shipments, is that containers, pallets or similar articles of transport received by the consignor or consignee for packing and unpacking are not always returned to the multimodal transport operator (MTO) ... Please follow the link to continue reading.
