BIMCO Search Results

ASBAGASVOY charter party near completion

The subcommittee set up by BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) to develop a new gas tanker voyage charter party (ASBAGASVOY) has agreed on a final draft which will be presented for adoption by the BIMCO Documentary Committee at its next meeting on 22 September.

New gas charter party hits the mark in busy market environment

ASBAGASVOY, the new voyage charter party for gas tankers developed jointly by BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) has seen a rapid uptake after its release to the market in September 2020. Christian Hoppe, BIMCO’s General Counsel, has talked to BW LPG, Petredec a... Please follow the link to continue reading.

BIMCO invites your comments on Refund Guarantee

Refund guarantees are complex legal documents and must meet the requirements of the issuing banks. BIMCO has, in close co-operation with legal and commercial experts, banks and shipyards, been working to develop a standard refund guarantee which can be used for shipbuilding contracts, such as SAJ.

Explanatory notes

A common problem in the container trade, be it for combined transport shipments or port to port shipments, is that containers, pallets or similar articles of transport received by the consignor or consignee for packing and unpacking are not always returned to the multimodal transport operator (MTO) ... Please follow the link to continue reading.

New presentation clauses for use with ASBAGASVOY

The presentation clause is paramount when concluding business in the gas spot market as it describes how the gas tanker must present at the load port. The ASBAGASVOY drafting committee set up by BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) has developed tailormade present... Please follow the link to continue reading.