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BIMCO COVID 19 weekly report

The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID-19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nation bodies like the International Maritime Organization (IMO... Please follow the link to continue reading.

Explanatory notes

Introduction With close to 20 years since its last revision, the WORLDFOOD charter party was due for an update. While the mandate of the UN humanitarian organisation World Food Programme (WFP) remains to fight hunger globally, commercial practice and the law have changed since the last edition was p... Please follow the link to continue reading.

Explanatory notes

The following Explanatory Notes are intended to highlight some of the key issues and provisions of BIMCHEMTIME 2005 and to provide background information in respect of the thinking behind some of the clauses. Layout Commercial provisions Preamble and Clause 1 (Charter Period) Clause 2 (Port... Please follow the link to continue reading.

Explanatory notes

The Agreement Clause 1 – Definitions Clause 2 - Duration of the Agreement Clause 3 - Condition of Equipment on Delivery Clause 4 - Condition of Equipment on Redelivery Clause 4 - calculation example for depreciated value Clause 5 - Delivery Procedures Clause 6 – Redelivery Procedures Clause 7 – Del... Please follow the link to continue reading.

Interview with BIMCO's Sabrina Chao

BIMCO's Immediate Past President Sabrina Chao was interviewed by Greek magazine Naftika Chronika about seafarers and their skills being crucial to the future of the industry

Explanatory notes

Background General Average (GA) is an internationally accepted principle of equity relating to the apportionment of loss due to losses sustained for the common safety during a maritime adventure – basically, a voluntary sacrifice of part of the cargo or ship undertaken to save the rest of the cargo ... Please follow the link to continue reading.

Explanatory notes

The outbreak from time to time of virulent diseases can have significant implications for ship owners and operators. This might include quarantine of a vessel and crew in an area where the disease is prevalent as well as the imposition of restrictions, possibly weeks or months later, in ports remote... Please follow the link to continue reading.