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Piracy Clause for Consecutive Voyage Charter Parties and COAs 2013

BIMCO Piracy Clause for Consecutive Voyage Charter Parties and COAs 2013 (a) If, in the reasonable judgement of the Master and/or the Owners, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) on any part of the route which is normally and customarily used on a voyage of th... Please follow the link to continue reading.

Standard Bunker Contract under spotlight as industry experts begin review

Three of the world’s largest bunker suppliers, including World Fuel Services and Dan Bunkering, have joined a team of industry experts to review BIMCO’s standard bunker contract – BIMCO Terms 2015. Shipowners will be represented by Denmark-based J Lauritzen and Norden. Legal and P&I input comes from... Please follow the link to continue reading.

Explanatory notes

The International Group of P&I Clubs (IG) and BIMCO have completed a review of the Himalaya clause for use in bills of lading and other contracts and as a result have drafted a revised Himalaya clause (the Clause). A Himalaya clause is a contractual provision intended to confer a benefit on an entit... Please follow the link to continue reading.