At times of port restrictions and situations where a crew may be infected or fall ill with COVID-19, it has become apparent that the obligations and rights of contracting parties need to be clarified. The main takeaway from the situation is that parties to a contract should communicate and cooperate... Please follow the link to continue reading.
Get insights into the diverse topics addressed during the 81th session of IMO's Marine Environment Protection Committee (MEPC 80). Article 1 about adoptions and approvals.
BIMCO's summary of what happened at the IMO's Human Element, Training and Watchkeeping subcommittee in February 2023
In light of the recent development, BIMCO recommends using the latest editions of its War Risks clauses VOYWAR 2013 and CONWARTIME 2013
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.
BIMCO is working to prepare clauses for CII and ETS
BIMCO reports on the new industry working group established with the purpose of updating the existing Industry Standard on Software Maintenance of Shipboard Equipment
As pressure on industries, governments, and companies to decarbonise increases, so does the need for the shipping industry to inform the public and decision makers and increase transparency about the industry’s efforts to decarbonise.
Banking and financial institution association ITFA has become the latest supporter of BIMCO’s 25 by 25 Campaign to help accelerate the adoption of electronic bills of lading in the bulk sector.
BIMCO and its partners have submitted the Glossary of Climate Change Definitions to MEPC 81.
