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Explanatory notes

The outbreak from time to time of virulent diseases can have significant implications for ship owners and operators. This might include quarantine of a vessel and crew in an area where the disease is prevalent as well as the imposition of restrictions, possibly weeks or months later, in ports remote... Please follow the link to continue reading.

Explanatory notes

Introduction Part I Part II Clause 1 - Definitions Clause 2 - Appointment of Crew Managers Clause 3 - Basis of Agreement Clause 4 - Crew Managers’ Obligations Clause 5 - Owners’ Obligations Clause 6 - Crew Management Lump Sum Clause 7 - Trading Restrictions Cl... Please follow the link to continue reading.

Explanatory notes

This is a new clause for voyage charter parties setting out a regime for ship-to-ship cargo transfers in dry bulk trades. The clause complements the previously issued Ship-to-Ship Transfer Clause for Time Charter Parties, but there is an important distinction between the two provisions. The time cha... Please follow the link to continue reading.

Bills of lading advice

View BIMCO's extensive library of articles containing help and advice about bills of lading

VOLCOA Japanese Terms

This provision will be applicable when the parties have chosen Japanese law as the governing law of VOLCOA. In such cases, the VOLCOA Japanese Terms will replace Clause 21 (Law and Arbitration) of VOLCOA and disputes should be referred to arbitration in Japan.

Explanatory notes

Clause 3 - Payment Clause 4 - Inspections  Clause 5 - Notices, time and place of delivery Clause 6 - a) Drydocking b) Divers inspection c) Drydocking provisions Clause 7 - Spares/bunkers etc. Clause 8 - Documentation Clause 11 - Condition on delivery Clause... Please follow the link to continue reading.

Background

Spills involving oil or hazardous substances can occur for a wide variety of reasons and where pollution occurs, clean-up operations are carried out by appointed spill responders. In a maritime context the incident giving rise to the spill may also involve salvage operations to save property and pre... Please follow the link to continue reading.

Explanatory notes

GENCOA A – Explanatory notes OVERVIEW GENCOA A 2022 is a standard contract of affreightment for dry bulk cargoes. It is one of two versions of GENCOA revising the latest version of the contract issued in 2004: GENCOA A - a framework contract that can be used with different voyage charter parties ... Please follow the link to continue reading.

Explanatory notes

With reference to the announcement on pages 2916-2922 of BIMCO Bulletin V/1974 of the new editions of the “Baltime 1939” and the “Linertime” Charters, i.e., with the “box layout”, there is reason once more to underline that the “Linertime” Deep Sea Time Charter is intended especially for fixtures fo... Please follow the link to continue reading.