The CHEMTANKWAYBILL 85 is a non-negotiable waybill that was developed to be used for shipments of chemicals under the CHEMTANKVOY charter party.
The WORLDFOODRECEIPT 99 is a non-negotiable cargo receipt that was developed to be used for shipments under the WORLDFOOD 99 charter party. The latest edition of this cargo receipt is WORLDFOODRECEIPT 2017 and the latest edition of the charter party is WORLDFOOD 2017.
BIMCO has enhanced its ship finance term sheet suite by introducing SHIPLEASE, an industry first standard for ship sale and leaseback. SHIPLEASE is an indicative term sheet for use in both operating and finance leases. It has been developed mainly for second-hand ships but can be adapted to fit newb... Please follow the link to continue reading.
BIMCO has developed a new standard term sheet for syndicated ship financing (SHIPTERM S) – the first industry standard of its kind for syndicated loans. The term sheet was approved for publication at BIMCO’s biannual Documentary Committee meeting on May 2 in New York.
On 20 April, BIMCO's Documentary Committee held its spring meeting at BIMCO House in Copenhagen to consider ongoing projects and discuss strategy on the association's contractual work.
In view of the significant time and costs associated with court and arbitration proceedings, BIMCO has developed a standard clause for inclusion in charter parties and other contracts which makes it possible for the parties to solve disputes via alternative dispute resolution (ADR) and in particular... Please follow the link to continue reading.
BIMCO has issued two new standard contracts of affreightment (COA) for dry bulk cargoes.
The Law and Arbitration Clause 2020 replaces the Dispute Resolution Clause 2017. There are versions available for four named arbitration venues – London, New York, Singapore and Hong Kong. The mediation provision found in earlier versions of this clause has been removed and made into a free standing... Please follow the link to continue reading.
The Law and Arbitration Clause 2020 replaces the Dispute Resolution Clause 2017. There are versions available for four named arbitration venues – London, New York, Singapore and Hong Kong. The mediation provision found in earlier versions of this clause has been removed and made into a free standing... Please follow the link to continue reading.
Venue-based clause (for use when incorporating an agreed choice of law and arbitration into a charter party or other agreement).
