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Explanatory notes

Standard terms and conditions Clause 1 – Applicability Clause 2 – Definitions Clause 3 – MTO’s Tariff Clause 4 – Time Bar Clause 5 – Law and Jurisdiction Clause 6 – Methods and Routes of Transportation Clause 7 – Optional Stowage Clause 8 – Delivery of the G... Please follow the link to continue reading.

Background

The chemical tanker trade is among the most specialised and sophisticated trades in the shipping industry. It is a heavily regulated trade requiring high-cost, purpose-made and well-maintained vessels. It is BIMCO’s firm belief that such a sophisticated tanker parcel trade requires modern and compre... Please follow the link to continue reading.

Explanatory notes

Basic features LINEWAYBILL 2016 is the latest edition of LINEWAYBILL, first published in 1997, and provides a mechanism whereby it can also be used as a through transport document. This is consistent with CONLINEBILL and, as commercial practice shows, although mainly designed for port-to-port shipme... Please follow the link to continue reading.

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.

Explanatory notes

Introduction Part I Part II Clause 1 Scope of Contract and Rates Clause 2 Carrier’s Commitment Clause 3 Shipper’s Commitment Clause 4 Verification of Contract Carryings Clause 5 Non-performance Clause 6 Force Majeure Clause 7 Contracts ... Please follow the link to continue reading.