BIMCO’s Wayne Zhuang examines the crew change crisis two years on
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NATO Shipping Centre is ready to assist shipping with information and advice
The NATO Shipping Centre maintains a 24/7/365 oversight of security developments in the Euro-Atlantic area, the Mediterranean Sea, and the Black Sea. Shipowners are reminded of the Voluntary Reporting Scheme for the Mediterranean Sea.
Explanatory notes
Background Specialist Piracy Clauses setting out party rights and obligations in response to piracy risks were first issued in 2009. Three provisions were drafted respectively for time charter parties, consecutive voyage charters/COAs and single voyage charters. However, following a recent court cas... Please follow the link to continue reading.
Explanatory notes
Despite significant changes in the maritime industry since the Baltime 1939 was first published, the document has remained one of BIMCO’s most well-known contracts and it still widely used in the short sea trades. In 2001, a minor technical revision of Baltime 1939 was made to replace standard BIMCO... Please follow the link to continue reading.
Explanatory notes
Preamble Clause 1 - Duration Clause 2 - Delivery Clause 3 - On-Off Hire Survey Clause 4 - Dangerous Cargo/Cargo Exclusions Clause 5 - Trading Limits Clause 6 - Owners to Provide Clause 7 - Charterers to Provide Clause 8 - Performance of Voyages Clause 9 - B... Please follow the link to continue reading.
Explanatory notes
Background Preamble Clause 1 - Loading Port(s)/Discharging Port(s) Clause 2 - Freight Payment Clause 3 - Notices & Loading Port Orders Clause 4 - Discharging Port Orders Clause 5 - Laydays/Cancelling Clause 6 - Time Counting Clause 7 - Laytime Clause 8 - Exce... Please follow the link to continue reading.
Toby Stephens
Toby is HFW’s Singapore Head of Shipping and APAC Head of our global Crisis Management team. Toby’s work involves managing major marine and energy disasters, which are often complex, involving a number of interrelated actions in a number of jurisdictions. He is also recognised for insurance coverage... Please follow the link to continue reading.
Topical contracts and clauses to be reviewed by Documentary Committee next week
Two new standard clauses on agenda for BIMCO's April 2023 Documentary Committee - Russian Oil Cap and On-Trading clauses
Explanatory notes
Background The absence of standard arrest clauses in the market has resulted in owners and operators being presented with individually drafted provisions. However, the provisions are often one-sided with charterers having the right to terminate the charter party if the vessel is not released within ... Please follow the link to continue reading.
BIMCO issues update on Persian Gulf tensions and sanctions clauses
After the killing of General Qassem Soleimani by a US drone in early January 2020, and the following retaliation by Iran, BIMCO is publishing its view of the escalated tension in the Persian Gulf, as well as advice regarding the new sanctions clauses, and encourages owners, operators and charterers ... Please follow the link to continue reading.
