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Explanatory notes

Introduction Part I – Box layout Part II – Terms and conditions SECTION 1 – DEFINITIONS AND VOYAGE Definitions Clause 1 (Scope of Voyage) SECTION 2 - CARGO Clause 2 (Cargo Requirements) Clause 3 (Cargo Description)     Clause ... Please follow the link to continue reading.

Explanatory notes

Introduction  Standard terms and conditions Clause 1 - Definition Clause 2 - Notification Clause 3 - Liability for Carriage Between Port of Loading and Port of Discharge Clause 4 - Law and Jurisdiction  Clause 5 - The Scope of Carriage  Clause 6 - Substitution of... Please follow the link to continue reading.

Explanatory notes

Explanatory Notes The following explanatory notes are intended to explain the drafting team’s thinking behind some of the key clauses. This document is intended as a living document and as BIMCO receives questions on some of the clauses, the notes will be expanded. Structure The contract is divided ... Please follow the link to continue reading.

Explanatory notes

Introduction In 2009 BIMCO published its Piracy Clause for Time Charter Parties. In addition to the revised time charter edition, BIMCO also developed two other standard piracy clauses: a Piracy Clause for Single Voyage Charter Parties; and a Piracy Clause for Consecutive Voyage Charter Parties and ... Please follow the link to continue reading.

Explanatory notes

Special observations Part I Part II Clause 1 - Definitions Clause 2 - Duration of the Agreement Clause 3 - Condition of Equipment on Delivery Clause 4 - Condition of Equipment on Redelivery  Clause 5 - Delivery and Redelivery Procedures  Clause 6 - Payment of rent and other ... Please follow the link to continue reading.

BIMCO COVID 19 weekly report dated 17 September 2021

This BIMCO COVID 19 weekly report for the week ending 17 September covers Azerbaijan, Iran, Philippines, Russia  and the latest from the International Maritime Organization (IMO).  Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew change, as well as u... Please follow the link to continue reading.

Explanatory notes

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... Please follow the link to continue reading.