BIMCO Search Results

New ASV charter party to include cap on liability

The time charter party for accommodation support vessels (ASVs) currently being developed by BIMCO will include a limitation of the owners’ and charterers’ liability for loss, damage, delay or expense. This is the result of an online meeting of the subcommittee held on 18 May.

LNGVOY

LNGVOY is a voyage charter party for the carriage of liquefied natural gas. Copyright in this document is held jointly by BIMCO and GIIGNL (International Group of Liquefied Natural Gas Importers). The latest edition of this contract is LNGVOY, issued in 2016.

Anti Corruption Clause for Charter Parties 2015

The Anti-Corruption Clause for Charter Parties 2015 provides market users with a regime for responding to unlawful demands for gifts in cash or kind, such as cigarettes or alcohol. It is designed for use in both voyage and time charters and sets out a series of steps with the contracting parties wor... Please follow the link to continue reading.

Arrest Clause for Time Charter Parties 2019

Arrest clauses in charter parties are frequently one-sided with charterers having the right to terminate the charter party if the ship is not released within two or three days of an arrest. To provide a fairer allocation of risk and responsibility in the event of ship arrest BIMCO has developed two ... Please follow the link to continue reading.

Cargo Fumigation Clause for Charter Parties 2015

BIMCO Cargo Fumigation Clause for Charter Parties 2015 a) The Charterers shall have the option to fumigate the cargo in the Vessel’s holds in port and/or at anchorage and/or in transit. Such fumigation shall be performed always in accordance with IMO Recommendations on the Safe Use of Pesticides in ... Please follow the link to continue reading.

Piracy Clause for Time Charter Parties 2013

BIMCO Piracy Clause for Time Charter Parties 2013 (a) The Vessel shall not be obliged to proceed or required to continue to or through, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) which, in the reasonable judgement of the Master and/or the Owners, is dangerous to the... Please follow the link to continue reading.