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Piracy Clause for Time Charter Parties 2013

BIMCO Piracy Clause for Time Charter Parties 2013 (a) The Vessel shall not be obliged to proceed or required to continue to or through, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) which, in the reasonable judgement of the Master and/or the Owners, is dangerous to the... Please follow the link to continue reading.

BIMCO launches anti-corruption clause for shipping contracts worldwide

BIMCO, the world’s largest international shipping organisation, has now launched an anti-corruption clause for charter parties. The new clause will give owners and charterers a contractual platform for cooperative action to resist demands for illegal payments from port officials and others.

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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.