Novel Coronavirus outbreak – check your charter party terms
An outbreak of a virulent disease such as the Novel Coronavirus can have potentially significant implications for ship owners and operators.
An outbreak of a virulent disease such as the Novel Coronavirus can have potentially significant implications for ship owners and operators.
In a bid to encourage wider adoption of just in time (JIT) arrival principles in the bulk sector, BIMCO has published a new clause for voyage charter parties to promote more efficient shipping procedures and as a result, help reduce CO2 emissions.
Italian energy company Eni, operating in more than 60 countries worldwide and employing more than 30,000 people, will be joining the recently launched BIMCO project to develop a standard charter party for Accommodation Support Vessels (ASVs).
BIMCO's Shipping Analyst looks at the shipping number of the week. This week: Tankers
BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) (a) For the purpose of this Clause, the words: (i) “Owners” shall include the shipowners, bareboat charterers, disponent owners, managers or other operators who are charged with the management of the Vessel, and the Master; and (i... Please follow the link to continue reading.
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The latest edition of this clause is the War Risks Clause for Time Chartering 2013 (CONWARTIME 2013)
BIMCO HME Cargo Residues Disposal Clause for Voyage Charter Parties 2014 If the cargo is harmful to the marine environment (HME) in accordance with MARPOL Annex V, the Charterers shall be responsible for all extra costs and time and/or losses incurred by the Owners associated with the storage, remov... Please follow the link to continue reading.
In a bid to encourage wider adoption of just in time (JIT) arrival principles in the bulk sector, BIMCO has published a new clause for voyage charter parties to promote more efficient shipping procedures and as a result, help reduce CO2 emissions.
The latest edition of this clause is the War Risks Clause for Time Chartering 2013 (CONWARTIME 2013)