BIMCO Search Results

ETS – Emission Scheme Surcharge or Transfer of Allowances Clause for COAs 2024

This clause is one from a suite of three clauses developed by the subcommittee for Contracts of Affreightment. The objective was to provide industry stakeholders with the flexibility to choose a procedure suitable for their specific trade and business. You should consider whether this ETS – Emission... Please follow the link to continue reading.

Protective Clauses

BIMCO Protective Clauses Note: Unless the clauses below are used separately, they should be prefaced by the words:  “All Bills of Lading under this Charter Party shall contain the following clauses.”  Clause Paramount The International Convention for the Unification of Certain Rules of Law relat... Please follow the link to continue reading.

Persian Gulf: War risks revisited

As a result of increasing tension in the Persian Gulf area following recent attacks on two tankers, War Risk underwriters are charging additional premiums (AP) for calls to the Arabian Gulf/Gulf of Oman. Some underwriters are charging a flat rate for all tonnage operating in the area, while others a... Please follow the link to continue reading.

Explanatory notes

The greater adherence on a worldwide basis to the Hague-Visby Rules prompted BIMCO's Documentary Committee in 1996 to initiate a review of its General Clause Paramount as applied to a number of bills of lading, waybills and voyage charter parties issued by BIMCO. The actual drafting work was entrust... Please follow the link to continue reading.

Bunker issues

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