TOWHIRE is the industry standard contract for ocean towage on a daily hire basis. In the latest revision, it has undergone a thorough revision to clarify ambiguities and has been restructured to make it easier to use.
TOWHIRE has been aligned with TOWCON as far as possible to ensure consistency. How...
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The following Explanatory Notes are intended to highlight some of the key issues and provisions of BIMCHEMTIME 2005 and to provide background information in respect of the thinking behind some of the clauses.
Layout
Commercial provisions
Preamble and Clause 1 (Charter Period)
Clause 2 (Port...
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The following explanatory notes are intended to provide users with guidance as to the nature and extent of changes made to the revised WRECKHIRE form:
PART I Box Layout
Part II
Clause 1 (Definitions)
Clause 2 (The Services)
Clause 3 (Company Representative)
Cla...
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The BIMCO President Mr Papagiannopoulos highlighted the main opportunities and threats for shipping coming from digitalisation at the 3rd ShipIT conference in Athens on 27 September 2017. The opportunities and threats include the admin burden on board ships, autonomous ships, blockchain, cyber risk ...
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Terminal operators engaged in the loading and discharging of high density solid bulk cargoes are not always aware of the increased stress, torsional, bending and shear forces to which a vessel may b subjected during these operations, Very often speed of loading or discharging is the only considerati...
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