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04 Apr Russia added to the JWC Listed Areas – contractual implications
This short note deals with some of the key issues that may affect the obligations and rights of charterers and owners resulting from Russia being added to the JWC Listed Areas, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current a... Please follow the link to continue reading.
Loading one port 1 to 3 berths Columbia River
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Explanatory notes
LNG Bunker Terms (Annex B to the BIMCO Bunker Terms 2018) Background The intention and purpose of the LNG Bunker Terms (the “Annex”) is to cater for the nature of LNG bunkering operations whilst trying to keep the provisions in line with the existing BIMCO standard contract for the purchase and supp... Please follow the link to continue reading.
Saint Vincent and the Grenadines
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Explanatory notes
Background The absence of standard arrest clauses in the market has resulted in owners and operators being presented with individually drafted provisions. However, the provisions are often one-sided with charterers having the right to terminate the charter party if the vessel is not released within ... Please follow the link to continue reading.
New Check Before Fixing 2021 book available
You wouldn't navigate a ship without a chart, so why sign a contract without advice? Avoid unnecessary costs you couldn’t have foreseen.
Explanatory notes
Objective BIMCO’s objective for developing DISMANTLECON is to create a global, industry standard, scalable contract for offshore structure dismantling work and the subsequent transport to a designated place of delivery. It is a marine services contract designed to appeal equally to the party requiri... Please follow the link to continue reading.
Estonia - Waterway dues effective 1 July 2013
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Explanatory notes
Introduction Laytime and demurrage are fundamental to tramp shipping. Specialist terms which have evolved over the years have been extensively analysed by legal commentators and frequently tested in the courts. This has resulted in subtle distinctions where a choice of term or use of language can ad... Please follow the link to continue reading.
