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See a quick overview of all BIMCO's articles, contracts and clauses related to ship recycling, Hong Kong Convention, Basel Convention, Basel Ban Amendment, EU SRR and EU WSR
BIMCO press release on Ship Recycling Alliance
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Bangladesh has emerged as a significant player in the global ship recycling industry, contributing to the country's economy. The ship recycling sector in Bangladesh generates approximately US $770 million in output annually.
RECYCLECON is a standard contract for the sale of ships for recycling in a safe and environmentally sound manner. The contract incorporates many of the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (the Hong Kong Convention) su... Please follow the link to continue reading.
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The Law and Arbitration Clause 2020 replaces the Dispute Resolution Clause 2017. There are versions available for four named arbitration venues – London, New York, Singapore and Hong Kong. The mediation provision found in earlier versions of this clause has been removed and made into a free standing... Please follow the link to continue reading.
Following several discussions with the Hong Kong Shipowners Association, the administration in Hong Kong is opening for conditional but unrestricted crew change in Hong Kong.
The addition of Hong Kong as the fourth named arbitration option has prompted BIMCO to overhaul its law and arbitration clause. The new edition was approved for publication at the recent meeting of BIMCO’s Documentary Committee and is available to download from our website.