BIMCO Search Results

Background

Background Emission Schemes are “cap and trade” schemes that cap the total amount of greenhouse gases to be emitted by certain vessels covered by the system.  Over time, this cap is reduced as an incentive to reduce greenhouse gas emissions through increased efficiency and the use of alternative fu... Please follow the link to continue reading.

United Nations sanctions

Under article 41 of the UN Charter, the Security Council may call upon Member States to apply measures not involving the use of armed force in order to maintain or restore international peace and security. Such measures are commonly referred to as sanctions.    

Standard term sheet and new agency agreement top Documentary Committee agenda

The Documentary Committee, under the chairmanship of Mr Francis Sarre, met in Copenhagen on 17 November in Copenhagen for its regular autumn meeting. Following two years’ intensive work involving owners, lawyers and financial institutions, a new Standard Term Sheet for Bilateral Financing was adopte... Please follow the link to continue reading.

Containers Clause 2002

BIMCO Containers Clause 2002 The Charterers shall be responsible for the proper and careful loading, stowage, lashing and securing of the Goods in the Containers offered by them for shipment and shall be liable for all loss or damage (including loss of or damage to the Vessel) caused to the Owners a... Please follow the link to continue reading.