Disagreements between owners and charterers over the cost of repairing damage to redelivered unmanned barges have prompted a review of BARGEHIRE 2008 to help reduce the risk of disputes.
BIMCO’s 2020 Bunker Clause working group is pushing hard to finish work on two key clauses addressing the global switch to 0.5% sulphur content fuel on 1 January 2020.
Global trade still relies heavily on paper. The main risks of relying on paper are exposure to fraud, clerical errors and lengthy transfer and processing time. This is despite the fact that issuance of electronic bills of lading (eBLs) has been possible for more than 20 years on safe and well-establ... Please follow the link to continue reading.
The latest update for Brazil's national holidays. Beginning in 2024, 20 November will be officially recognised as a nationwide holiday. Previously celebrated at lower levels of government, this decision is poised to create a ripple effect, reshaping the landscape of Brazilian holidays. Stay informed... Please follow the link to continue reading.
See a list of the contracts available in BIMCO's Smartcon contract editor
PART I PART II Clause I - Preamble Clause 2 - Owners’ Responsibility Clause 3 - Deviation Clause 4 - Payment of Freight Clause 5 - Loading/Discharging Clause 6 - Laytime Clause 7 - Demurrage Clause 8 - Lien Clause Clause 9 - Cancelling Clause Clause 1... Please follow the link to continue reading.
The latest edition of this clause is the War Risks Clause for Voyage Chartering 2013 (VOYWAR 2013)
Emission trading systems (ETS) are “cap and trade” schemes that permit the emission of greenhouse gases in exchange for allowances. Over time the quantity of allowances available to industry are reduced as an incentive to reduce emissions through increased efficiency and the use of alternative fuels... Please follow the link to continue reading.
This short guide highlights some of the key issues that may affect the obligations and rights of contracting parties following developments in the Russo-Ukrainian conflict, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and fu... Please follow the link to continue reading.
Special observations PART II Clause 1 (Definitions) Clause 2 (Charter Period) Clause 3 (Delivery) Clause 4 (Time for Delivery) Clause 5 (Cancelling) Clause 6 (Trading Restrictions) Clause 7 (Surveys on Delivery and Redelivery) Clause 8 (Inspection) Clause 9 (Inve... Please follow the link to continue reading.
