In a clear sign of industry support for BIMCO’s initiative to develop a new ship sale and purchase agreement, the organisation has received over 800 individual comments on its consultation draft, which will shape the final version of the agreement.
The COAL-OREVOYBILL is a charter party bill of lading for shipments of coal and ore cargoes under the COAL-OREVOY charter party. The latest edition of this bill of lading is COAL-OREVOYBILL 2016. This amended edition incorporates the International Group of P&I Clubs/BIMCO Himalaya Clause for Bills o... Please follow the link to continue reading.
BIMCO has published a charter party clause promoting the use of the IMO’s data model framework. The publication is an extension of BIMCO’s strategic objective to encourage greater efficiency and harmonisation in the ship-shore interface.
This publication builds upon decades of BIMCO’s experience as the world leader in developing standard shipping contracts and clauses and its daily practice of advising BIMCO members about contractual issues.
Explanatory Notes The following explanatory notes are intended to explain the drafting team’s thinking behind some of the key clauses. This document is intended as a living document and as BIMCO receives questions on some of the clauses, the notes will be expanded. Structure The contract is divided ... Please follow the link to continue reading.
BIMCO was very satisfied with several developments at the meeting of the Marine Environmental Protection Committee at the International Maritime Organization 22-26 October.
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As informed in BIMCO Special Circular No. 8 of 25 May, it was decided by the Documentary Committee that one or more special charterparty clauses covering the problems created by the U.S. Tax Reform Act 1986 should be drafted as a matter of priority and announced as soon as possible. It may be useful... Please follow the link to continue reading.
BIMCO officially adopts SHIPMAN 2024, the revised version of its widely used ship management agreement, following a comprehensive two-year review process involving key stakeholders in the maritime industry.
The latest edition of this clause is the War Risks Clause for Voyage Chartering 2013 (VOYWAR 2013)
