BIMCO’s Documentary Committee has approved a new standard contract for security escort vessels (SEVs). The standard is a balanced contractual framework for SEVs that accompany merchant ships in high threat areas such as the Gulf of Guinea which has recently seen a rise in piracy activity as the dry ... Please follow the link to continue reading.
BIMCO’s new DISMANTLECON contract, the first global standard contract designed for the dismantling and removal of offshore structures in the energy sector, is now available and aims to provide a balanced set of terms and conditions to both parties in the process.
BIMCO has issued two new standard contracts of affreightment (COA) for dry bulk cargoes.
Sale and leaseback transactions have seen a substantial increase in recent years as an alternative method of ship financing, and BIMCO has adopted a new term sheet which will facilitate the negotiation of sale and leaseback deals and make the process cheaper for parties involved.
BIMCO was very satisfied with several developments at the meeting of the Marine Environmental Protection Committee at the International Maritime Organization 22-26 October.
GENCON 2022 is BIMCO's latest edition of GENCON, our flagship contract. See explanations of the new aspects and watch short tutorial videos.
The BIMCO documentary committee has adopted revised charter party guarantee
BIMCO Secretary General & CEO, Angus Frew, has announced he will step down in the summer of 2020, as he wishes to spend more time in the UK and less time working. The search for his replacement has started.
BIMCO's position has been approved by the BIMCO Board of Directors.
In view of the increased digitalisation of the shipping industry, BIMCO has developed a standard clause for inclusion in charter parties and other contracts which makes it possible for the parties to sign their contracts and accompanying documents electronically. The publication of the clause should... Please follow the link to continue reading.
