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.
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'...
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The following Explanatory Notes are intended to highlight some of the key issues and provisions of BIMCHEMTIME 2005 and to provide background information in respect of the thinking behind some of the clauses.
Layout
Commercial provisions
Preamble and Clause 1 (Charter Period)
Clause 2 (Port...
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Format
Part I
Variable information
Annexes 1 and 2 - Important Note
Conflict of conditions
Part II
Clause 1 - Scope of the contract
Clause 2 - Delivery/re-delivery
Clause 3 - Notices
Clause 4 - Cancellation
Clause 5 - Agents
Clause 6 - Delivery/re-delive...
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In January 2010 BIMCO initiated a project to develop slow steaming clauses for use in time and voyage charter parties. While work on the voyage charter party clause is still on-going, the clause for time charter parties was adopted by BIMCO’s Documentary Committee at its meeting in Copenhagen in Nov...
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