Waiting for charterers’ inspector
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Explanatory notes
Redelivering a ship at the end of a time charter party can sometimes result in a dispute between the owners and the charterers. The charterers may attempt to redeliver the ship before the end of the minimum charter period, or deliver it late. Charter parties are sometimes unclear about how and when ... Please follow the link to continue reading.
Industry Organisations
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Explanatory notes
BIMCO has recently conducted a review of the various Liberty and Deviation clauses that appear in BIMCO charter parties to update the wording to reflect current commercial and P&I Club practice. As it currently stands the English law position on deviation is at odds with commercial practice and the ... Please follow the link to continue reading.
Trading limits
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BIMCO position statement 07: Ship Recycling
BIMCO's position has been approved by the BIMCO Board of Directors.
Ukraine situation – contractual implications
This short guide highlights some of the key issues that may affect the obligations and rights of contracting parties following developments in the Russo-Ukrainian conflict, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and fu... 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.
Autonomy is now a reality as first ships enter commercial operation
BIMCO's Grant Hunter writes about autonomous ships to mark six months of operation of one in Norway
24 Feb Ukraine situation – contractual implications
This short guide highlights some of the key issues that may affect the obligations and rights of contracting parties following developments in the Russo-Ukrainian conflict, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and fu... Please follow the link to continue reading.
