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Explanatory notes

PART I PART II Definitions 1. Slot and Weight Allocation 2. Period 3. Trading limits 4. Permitted Cargoes 5. Slot Charter Hire 6. Itinerary 7. Opening Containers 8. Stowaways 9. Drugs 10. Repairs 11. Owners' Obligations 12. Charterers'... 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.

04 Apr Russia added to the JWC Listed Areas – contractual implications

This short note deals with some of the key issues that may affect the obligations and rights of charterers and owners resulting from Russia being added to the JWC Listed Areas, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current a... Please follow the link to continue reading.

24 Feb Ukraine situation – contractual implications

This short guide highlights some of the key issues that may affect the obligations and rights of contracting parties following developments in the Russo-Ukrainian conflict, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and fu... Please follow the link to continue reading.

Explanatory notes

This is a new clause for voyage charter parties setting out a regime for ship-to-ship cargo transfers in dry bulk trades. The clause complements the previously issued Ship-to-Ship Transfer Clause for Time Charter Parties, but there is an important distinction between the two provisions. The time cha... Please follow the link to continue reading.

Slew of new contracts and clauses top BIMCO committee’s upcoming meeting

Projects for standard contracts and clauses covering almost every sector of the shipping industry will be reviewed by BIMCO’s Documentary Committee (DC) when it meets on 21 and 22 September. The gathering of over 70 documentary experts from around the world will take place online for the first time ... Please follow the link to continue reading.