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Explanatory notes

The BIMCO Stevedore Damage Clauses have been revised and updated to reflect current commercial practice and to provide a balanced solution to this often contentious issue. The Clauses were adopted by the Documentary Committee at its meeting in London in May 2008.  For the sake of clarity the title o... Please follow the link to continue reading.

Explanatory notes

Background In January 2010 BIMCO initiated a project to develop slow steaming clauses for use in time and voyage charter parties. A clause for time charter parties was adopted by BIMCO’s Documentary Committee and published by Special Circular on 7 December 2011. A version for voyage charter parties ... Please follow the link to continue reading.

Explanatory notes

The BIMCO Stevedore Damage Clauses have been revised and updated to reflect current commercial practice and to provide a balanced solution to this often contentious issue. The Clauses were adopted by the Documentary Committee at its meeting in London in May 2008.  For the sake of clarity the title o... Please follow the link to continue reading.

Explanatory notes

Preamble Clause 1 - Delivery and Charter Period Clause 2 - Cancellation Clause 3 - Redelivery Clause 8 - Hire Clause 9 - Owners’ Obligations Clause 15 - Charterers’ Obligations Clause 18 - Performance of the Vessel - Speed... Please follow the link to continue reading.

Explanatory notes

BIMCO has revised its EU Advance Cargo Declaration Clauses for Voyage and Time Charter Parties first issued in 2011. Background The EU Advance Cargo Declaration Clauses were drafted to meet the requirements of the new European Union customs legislation that came into force on 1 January 2011 – the E... Please follow the link to continue reading.

Explanatory notes

Background In October 2009 BIMCO initiated a project to develop a suite of standard bunker clauses for use in time charter parties. The rationale behind developing the suite is simply to address the ever increasing importance of bunker issues in time charter parties and the need to ensure that the r... Please follow the link to continue reading.

Explanatory notes

The Automated Export System (AES) is a joint venture between the foreign trade division of the US Census Bureau; the US Customs and Border Protection; and a number of other federal agencies. AES is the reciprocal system to the US Customs AMS (Advance Manifest System) covered by BIMCO’s newly publish... Please follow the link to continue reading.