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...
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MEPC 71 progressed in ensuring smoother implementation of the ballast water convention. One of the achievements was reaffirming the agreement regarding the provisions for non-penalisation of early movers that have installed ballast water management systems according to G8 guidelines.
This BIMCO COVID 19 weekly report for the week ending 18 March covers the International Maritime Organization (IMO), Myanmar, Russia, Ukraine, United States, Tokyo MoU and the latest from the International Labour Organization (ILO) and the World Health Organization (WHO).
Every week, BIMCO summari...
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Part I
Part II
Clause 1 - Period of Charter Party and Delivery
Clause 2 - Owners’ Undertaking
Clause 3 - Trading Limits
Clause 4 - Cargo Restrictions and Exclusions
Clause 5 - Redelivery
Clause 6 - Owners’ Obligations
Clause 7 - Charterers’ Obligations
Clause 8 -...
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An interview with Stinne Taiger Ivø, Deputy Secretary General, BIMCO for International Women’s Day and Women’s History Month 2024
In 2019, BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) decided to jointly develop a dedicated gas tanker charter party, ASBAGASVOY. The new form is based on ASBATANKVOY, one of the most widely used tanker charter parties in the world. Although ASBATANKVOY was originally de...
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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...
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PART I
PART II
Clause I - Preamble
Clause 2 - Owners’ Responsibility
Clause 3 - Deviation
Clause 4 - Payment of Freight
Clause 5 - Loading/Discharging
Clause 6 - Laytime
Clause 7 - Demurrage
Clause 8 - Lien Clause
Clause 9 - Cancelling Clause
Clause 1...
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Structure
Annex A – Vessel Specification
Annex B – Insurance
Definitions
Clause 1 (Charter Period)
Clause 2 (Delivery and Redelivery)
Clause 3 (Condition of Ship)
Clause 4 (Structural Alterations and Additional Equipment)
Clause 5 (Surveys, Audits and Inspe...
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