BIMCO Search Results

Standard Statement of Facts Oil and Chemical Tank Vessels short form

The Standard Statement of Facts (Oil and Chemical Tank Vessels) was published in 1975 and is recommended by BIMCO and FONASBA (the Federation of National Associations of Ship Brokers and Agents). The latest edition of this document is the Standard Statement of Facts (Oil and Chemical Tank Vessels) (... Please follow the link to continue reading.

Explanatory notes

GENWAYBILL Non-Negotiable General Sea Waybill (Revised 1995) At its meeting in November 1995 the Documentary Committee adopted a proposed revision of the GENWAYBILL General Sea Waybill. The GENWAYBILL was originally adopted by BIMCO’s Documentary Committee in 1987 to assist the commercial parties en... Please follow the link to continue reading.

Significant developments at the Documentary Committee Meeting on 22 March 2024

The BIMCO Documentary Committee (DC) met on 22 March 2024 in Hamburg, chaired by Nick Fell, marking a significant milestone in BIMCO's documentary work with the adoption of key projects and review of ongoing developments. Highlights include the adoption of the revised SHIPMAN and updates on ASBATAN... Please follow the link to continue reading.

Leading experts at BIMCO seminar say maritime crime increasing

Industry security experts have concluded that maritime crime will not be stopped any time soon – and that cyber incidents would continue to expand in frequency and severity. This was the consensus at BIMCO’s first ever Maritime Security Seminar in Copenhagen yesterday.

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Explanatory notes

Introduction In addition to the Piracy Clause for Time Charter Parties, BIMCO has also developed two other standard piracy clauses: a Piracy Clause for Consecutive Voyage Charter Parties and COAs and a Piracy Clause for Single Voyage Charter Parties. Background As the title of the Clause suggests, t... Please follow the link to continue reading.

How "Check Before Fixing" can help

During the summer of 2021, BIMCO published the latest version of Check Before Fixing, which can be purchased both in print and as an e-book. It has been a very popular tool for decades and it is easy to understand why. It provides the reader with highly practical guidance and tips for avoiding pitfa... Please follow the link to continue reading.

You need to be more vigilant about sanctions due diligence

Violating sanctions imposed by the EU, UK, US and other countries against Russia and Belarus may cause severe enforcement actions and is potentially very damaging to your business. And with banks now being sanctioned, the situation is even more complex. Everybody wants to comply with the sanction re... Please follow the link to continue reading.