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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.
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.
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.
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.
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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.
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.
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.
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.
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.
BIMCO continues to seek feedback on CII clause and explain regulatory complexities