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Explanatory notes

Introduction With close to 20 years since its last revision, the WORLDFOOD charter party was due for an update. While the mandate of the UN humanitarian organisation World Food Programme (WFP) remains to fight hunger globally, commercial practice and the law have changed since the last edition was p... Please follow the link to continue reading.

Crew changes and abandonment top busy IMO Legal Committee agenda

The Legal Committee of the International Maritime Organization (IMO) has agreed on a new item for its future work programme relating to fair treatment of seafarers detained on suspicion of committing maritime crimes. At the Committee’s meeting on 27 November and 1-2 December, it also agreed on the d... Please follow the link to continue reading.

Explanatory notes

Background The US Anti-Drug Abuse Act 1986 Clause for Time Charter Parties was published by Special Circular No. 12 on 20 December 1989. As indicated by its name the Clause was developed in response to the coming into force of the US Anti-Drug Abuse Act. The Act is one of a number of important statu... Please follow the link to continue reading.

Explanatory notes

Background Preamble Clause 1 - Loading Port(s)/Discharging Port(s) Clause 2 - Freight Payment Clause 3 - Notices & Loading Port Orders Clause 4 - Discharging Port Orders Clause 5 - Laydays/Cancelling Clause 6 - Time Counting Clause 7 - Laytime Clause 8 - Exce... Please follow the link to continue reading.

Explanatory notes

Background Amendments to MARPOL Annex V covering the disposal of cargo residues and hold washing water containing materials that may be “harmful to the marine environment” (HME), took effect in January 2013. In July 2013, a revised version of the BIMCO Hold Cleaning/Residue Disposal Clause for Time ... Please follow the link to continue reading.

Background

Pooling agreements, as a means of achieving efficiencies for shipowners with the benefits being passed on to their customers, are a feature of tramp markets. In October 2012, BIMCO published POOLCON (now renamed POOLCON A) as the first of two specialist documents setting out the basis for contractua... Please follow the link to continue reading.