Dry cargo market report
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BIMCO Search Results
IMO develops guidance on the impact of the situation in the Black Sea and the Sea of Azov on insurance or other financial security certificates
The introduction of economic sanctions against Russian banks and other interests may restrict insurers or other financial security providers from processing claims or prohibit payment of claims arising under IMO liability and compensation conventions.
USA, Maine, Portland ME - Harbour
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IMO advances work on new fair treatment guidelines
Outcome of IMO Legal Committee meeting which took place on March 2023
Explanatory Notes
The following explanatory notes are intended to provide some background to the thinking behind the BIMCO Russian Oil Price Cap Scheme Clause 2023. If you have any questions about the clause that we have not answered in the explanatory notes, please contact us at contracts@bimco.org and we will be h... Please follow the link to continue reading.
Aruba, San Nicholas - Caution
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Panama, Panama Canal - Pilotage
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Explanatory notes
BIMCO has recently conducted a review of the various Liberty and Deviation clauses that appear in BIMCO charter parties to update the wording to reflect current commercial and P&I Club practice. As it currently stands the English law position on deviation is at odds with commercial practice and the ... Please follow the link to continue reading.
IBIA and BIMCO survey confirms a desire for bunker supplier licensing schemes
Press release from BIMCO and IBIA about bunker licensing
Chartering fraud
BIMCO has warned against situations where fake “brokers” will attempt to trick owners into fixtures where there is no cargo available. The con also involves a request for advance funds to be remitted to an account allegedly belonging to the “agents” at the loading port.
