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Explanatory notes

Table of contents Background Part I Part II Clause 1 (Definitions and Interpretation) Clause 2 (Sale and Purchase) Clause 3 (Subjects) Clause 4 (Purchase Price) Clause 5 (Deposit) Clause 6 (Inspection) Clause 7 (Buyers’ On-board Representatives) Clau... Please follow the link to continue reading.

Explanatory notes

The BIMCO Stevedore Damage Clauses have been revised and updated to reflect current commercial practice and to provide a balanced solution to this often contentious issue. The Clauses were adopted by the Documentary Committee at its meeting in London in May 2008.  For the sake of clarity the title o... Please follow the link to continue reading.

Brokers

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Sanctions against Russia: Check your counterparts and contracts

With sanctions imposed on Russian interests by the EU, UK, US and others, it is crucial that shipowners and operators check their counterparts and contracts immediately. The situation is currently changing rapidly, and more sanctions announcements could be on the way.

Latvia

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Explanatory notes

Background The safety implications of loading bulk cargoes that may be subject to liquefaction or dynamic separation under the International Maritime Solid Bulk Cargoes (IMSBC) Code have been well publicised. Carriage of iron ore fines, nickel ore and bauxite has been a matter of particular concern.... Please follow the link to continue reading.

Explanatory notes

The Automated Export System (AES) is a joint venture between the foreign trade division of the US Census Bureau; the US Customs and Border Protection; and a number of other federal agencies. AES is the reciprocal system to the US Customs AMS (Advance Manifest System) covered by BIMCO’s newly publish... Please follow the link to continue reading.

Explanatory notes

The Automated Export System (AES) is a joint venture between the foreign trade division of the US Census Bureau; the US Customs and Border Protection; and a number of other federal agencies. AES is the reciprocal system to the US Customs AMS (Advance Manifest System) covered by BIMCO’s newly publish... Please follow the link to continue reading.

Laytime allowed

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