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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.

Cargo Handling Gear Clause

BIMCO Cargo Handling Gear Clause Vessel is equipped with the following cargo handling gear in good working order: ..........................., ........................... which are at Charterers' free disposal, whenever required, together with corresponding running gear and with the necessary motive... Please follow the link to continue reading.

Explanatory notes

Introduction Clause 2 (Condition of Vessel)  Clause 3 (Charterers’ Inspection)  Clause 5 (Presentation and Conditioning of Cargo Tanks at the Loading Port) Clause 6 (Ownership of Heel)  Clause 7 (Voyage, Loading and Discharging Ports and Logs)  Clause 8 (Ship to Ship Tra... Please follow the link to continue reading.

Stoppage of Canals and Waterways Clause 1968 (Code Name: CONWAY)

BIMCO Stoppage of Canals and Waterways Clause 1968 (Code Name: CONWAY) A. If at any time before loading is completed or the vessel sails from the loading port, it appear that the vessel would be delayed for not less than ....... days by circumstances beyond the Owners' control in proceeding through ... Please follow the link to continue reading.

Documentary Committee approves new SUPPLYTIME

The spring meeting of the Documentary Committee, chaired by Francis Sarre, was held in Rome on 6 June. The sixty-strong committee discussed an extensive and diverse range of documentary projects and approved for publication three new contracts and one clause.

The contractual implications of COVID-19 on crew changes and port restrictions

At times of port restrictions and situations where a crew may be infected or fall ill with COVID-19, it has become apparent that the obligations and rights of contracting parties need to be clarified. The main takeaway from the situation is that parties to a contract should communicate and cooperate... Please follow the link to continue reading.