BIMCO and INTERTANKO have jointly published Q&As addressing the contractual implications owners and charterers should keep in mind when chartering ships fitted with scrubbers. The Q&As highlight the key charter party clauses and concepts which should be reviewed for both time and voyage charter part... Please follow the link to continue reading.
BIMCHEMTIME 2005 is a standard time charter party for the shipment of liquid chemicals in bulk. The latest edition of this contract is BIMCHEMTIME 2005.
BIMCO's Chief Shipping Analyst looks at the shipping number of the week. This week: container fleet growth
BIMCO General Average clause General Average shall be adjusted, stated and settled according to the York-Antwerp Rules 2016 in London unless another place is agreed in the Charter. Cargo’s contribution to General Average shall be paid to the Carrier even when such average is the result of a fault, n... Please follow the link to continue reading.
Many container operators use charter party trade limits as a sanctions management tool when operating liner services between non-sanctioned countries. To provide an alternative contractual solution and to proactively address the current trend to impose sanctions on the shipping industry, BIMCO is cu... Please follow the link to continue reading.
BIMCO Carriage of Nuclear Materials clause Notwithstanding any provision whether written or printed contained in this Charter Party, it is agreed that nuclear fuels or radioactive waste or products are specifically excluded from the cargo permitted to be loaded or carried under this Charter Party. T... Please follow the link to continue reading.
This Charter Party shall be governed by Japanese Law. Any dispute arising from this Charter Party shall be referred to arbitration held in Tokyo by the Tokyo Maritime Arbitration Commission (TOMAC) of The Japan Shipping Exchange, Inc. in accordance with the Rules of TOMAC and any amendment thereto, ... Please follow the link to continue reading.
Although the container ship “Ever Given” was fortunately freed after less than a week blocking the Suez Canal, the consequences for owners and operators due to the delays caused may last for several weeks or even months.
BIMCO War Cancellation Clause 2004 Either party may cancel this Charter Party on the outbreak of war (whether there be a declaration of war or not) (a) between any two or more of the following countries: the United States of America; Russia; the United Kingdom; France; and the People’s Republic o... Please follow the link to continue reading.
GENTIME is a standard time charter party developed for the dry cargo sector. The latest edition of this contract is GENTIME, issued in 1999. Copyright in GENTIME is held by BIMCO.
