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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.

Explanatory notes

Part I Part II  Clause 1 - Definition Clause 2 - The Services Clause 3 - Company Representative Clause 4 - Change of Method of Work and/or Personnel, Craft and Equipment Clause 5 - Miscellaneous Clause 6 - Permits  Clause 7 - Delays Clause 8 - Suspension or Te... Please follow the link to continue reading.

Explanatory notes

The following notes provide a background to the thinking behind many of the provisions of the charter party and are provided as guiding notes to users: Format Clause 1 (Definitions) Clause 2 (Voyage) Clause 3 (Deviation and Delays) Clause 4 (Barge Engineer) Clause 5 (Loa... Please follow the link to continue reading.

Explanatory notes

The following notes are intended to provide an explanation of the reasoning behind the clauses of the BIMCO Bunker Terms 2018 that are not self-explanatory. Clause 1 - Definitions Clause 2 – Specifications/Grades/Quality Clause 3 – Quantities/Measurements Clause 4 – Sampling Cla... Please follow the link to continue reading.

Explanatory notes

The following is a brief set of notes describing some of the thinking and underlying principles behind the standard provisions. The descriptions are given to provide assistance to owners, brokers and others interested in the practical use of this charter party. Preamble Clause 1 (Loading Po... Please follow the link to continue reading.

Background

The need for a clearly worded pooling agreement has been demonstrated by the many queries received from members over the years and suggestions that BIMCO should produce a contract covering the issues. In the light of changes in the application of EU competition law in the maritime sector and Guideli... Please follow the link to continue reading.

BIMCO COVID 19 weekly report dated 4 February 2022

This BIMCO COVID 19 weekly report for the week ending 4 February covers the World Health Organization (WHO), Brazil, Denmark, India, Indonesia, Maldives, Oman, Philippines, Ukraine, Vanuatu and the latest from the International Maritime Organization (IMO).  Every week, BIMCO summarises measures impo... Please follow the link to continue reading.

Background

Background Until the publication of the QEL and QEL (SHORTFORM), no such standard form was available in the market. Although QELs may often be perceived as only benefiting the charterer, in most cases, they will be beneficial to the lenders as preserving the charterers’ uninterrupted use and enjoyme... Please follow the link to continue reading.