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Explanatory notes

Background Charterers’ failure to pay for bunkers supplied to a vessel on time charter is likely to have severe implications for owners who, although not party to the arrangements, may nevertheless find their vessel arrested, perhaps weeks or months later, for the outstanding debt. Owners are then f... Please follow the link to continue reading.

Explanatory notes

Structure Annex A – Vessel Specification  Annex B – Insurance Definitions Clause 1 (Charter Period) Clause 2 (Delivery and Redelivery) Clause 3 (Condition of Ship) Clause 4 (Structural Alterations and Additional Equipment) Clause 5 (Surveys, Audits and Inspe... Please follow the link to continue reading.

BIMCO COVID 19 weekly report dated 19 August 2022

This BIMCO COVID 19 weekly report for the week ending 19 August 2022 covers the International Maritime Organization (IMO) including crew change national contact point, Fiji, Poland, Ukraine, and the latest from the World Health Organization (WHO) and the International Labour Organization (ILO). Ever... Please follow the link to continue reading.

Background

BIMCO’s widely-used standard barge bareboat charter party was first formulated and published in 1994 and subsequently revised in 2008 and again in 2021. It is part of a suite of offshore and marine services standard documents produced by BIMCO, which includes SUPPLYTIME, TOWCON, TOWHIRE, HEAVYCON, H... Please follow the link to continue reading.