BIMCO Non-Lien Provisions, suggested amplification of Clause 18 of NYPE 1946 Suggested amplification of non-lien provision in Clause 18 of New York Produce Exchange Form of Time Charter 1946 following amendment to U.S. Ship Mortgage Act in 1971. Charterers will not suffer, nor permit to be continued... Please follow the link to continue reading.
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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.
In view of the significant time and costs associated with court and arbitration proceedings, BIMCO has developed a standard clause for inclusion in charter parties and other contracts which makes it possible for the parties to solve disputes via alternative dispute resolution (ADR) and in particular... Please follow the link to continue reading.
In October 2009 BIMCO initiated a project to develop a suite of standard bunker clauses for use in time charter parties. The rationale behind developing the suite is simply to address the ever increasing importance of bunker issues in time charter parties and the need to ensure that the risk of bunk... Please follow the link to continue reading.
Venue-based clause (for use when incorporating an agreed choice of law and arbitration into a charter party or other agreement).
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A new, “Terminals Conditions of Use” clause gives owners and operators in the oil, gas, dry bulk and container trades the means to respond to unreasonable terms imposed by terminals as a condition of using their facilities.
In October 2009 BIMCO initiated a project to develop a suite of standard bunker clauses for use in time charter parties. The rationale behind developing the suite is simply to address the ever increasing importance of bunker issues in time charter parties and the need to ensure that the risk of bunk... Please follow the link to continue reading.
Background Sea Traffic Management (STM) is designed to contribute to a safer, more efficient and environmentally friendlier maritime sector through the development and use of information shared between different stakeholders. STM embraces a range of services including computer-recommended route adju... Please follow the link to continue reading.
