The latest edition of this clause is the Piracy Clause for Consecutive Voyage Charter Parties and COAs 2013.
The team of cross-industry bunker experts tasked with reviewing BIMCO’s standard bunker contract has been expanded to include a major physical bunker supplier.
As a result of increasing tension in the Persian Gulf area following recent attacks on two tankers, War Risk underwriters are charging additional premiums (AP) for calls to the Arabian Gulf/Gulf of Oman. Some underwriters are charging a flat rate for all tonnage operating in the area, while others a... Please follow the link to continue reading.
BIMCO Radioactivity Risk Clause for Time Charter Parties 2012 (a) The Vessel shall not be obliged to proceed or required to continue to or through or remain at, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) which may expose the Vessel, her cargo, crew or other persons ... Please follow the link to continue reading.
Although the container ship “Ever Given” was fortunately freed after less than a week blocking the Suez Canal, the consequences for owners and operators due to the delays caused may last for several weeks or even months.
One of the services available to owner, broker and agency members is "intervention" to recover outstanding undisputed amounts.
BIMCO has taken a big step forward and launched an innovative new solution for editing contracts.
MEMBER CONTENT – login using the orange button at the top of the page to view.
BIMCO is adapting the currently used SHIPMAN 2009 agreement for use with autonomous ships, but the lack of actual autonomous ships currently in operation will mean ongoing adjustments as the industry forges ahead with its pioneering projects. Publication of the first version is expected in 2021.
BIMCO is “deeply concerned” that shipowners will be without treatment systems approved for global use.
