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There is a lot of focus on risk management in shipping nowadays and BIMCO’s publication Check before Fixing is a handy tool in this respect. This publication is a practical handbook written by shipping people specifically intended for shipping practitioners. It is not a legal textbook for lawyers but a “must have” tool for shipping people who need to make quick decisions.
Access to this wealth of experience is included in Check Before Fixing and it will assist you during negotiations. The publication is packed with comprehensive information and advice that helps you avoid contractual pitfalls and better understand the consequences of your commercial decisions.
Most charter party related queries that are answered by BIMCO’s Support & Advice Team are about problems arising after a contract has been signed. “Check Before Fixing 2021” is an essential tool to use before committing to a contract. After all, prevention is better than a cure. But this publication is also a great reference if disputes arise under existing contracts.
Disregarding the advice provided in Check Before Fixing can turn out to be a costly affair. The new and clearer structure makes it easy to find the information you need to assess your risk and the implications of the terms of your fixtures.
Ask yourself; can you afford not to buy?
If your company is located in the EU and buys a publication from Witherbys, there is a risk that a customs fee will be added to the cost of the publication. We have seen cases where the customs fee is almost the same as the price of the publication. To avoid this, you should consider acquiring BIMCO’s publications via one of the stockists working together with Witherbys. See a list of the stockists located within the EU.