The LINERTIME is a deep sea time charter party. Originally published in 1968 and revised in 1974 and 2015. The 2015 revision was a technical update where the latest editions of BIMCO’s core clauses replaced the earlier versions of the same. The latest edition of this contract is LINERTIME 2015. Copy... Please follow the link to continue reading.
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.
BIMCHEMVOY 2008 is a standard voyage charter party for the transportation of chemicals in tanker ships. It is accompanied by its own bill of lading, BIMCHEMVOYBILL 2016. The latest edition of this contract is BIMCHEMVOY 2008. Copyright in BIMCHEMVOY 2008 is held by BIMCO.
PROJECTCON is a special projects charter party for the tug and barge sector. It was designed to remove the need to use up to three different contracts for the same project when operating a tug and semi-submersible barge in combination to transport of special or projects cargoes. Instead of having on... Please follow the link to continue reading.
BIMCO’s Documentary Committee has approved a revised version of the Continent Grain Charter Party, SYNACOMEX
BIMCO’s approval body for contracts and clauses will meet online on 23 February. The development of a series of carbon clauses is high on the Committee’s agenda. An Emissions Trading System Allowances (ETSA) Clause for time charters is up for adoption and the Committee will also be asked to review a... Please follow the link to continue reading.
BIMCO’s approval body for contracts and clauses gathered on 23 February to discuss a highly topical agenda. Two contracts of affreightment and a contract for conversion work on ships were adopted. Split views on whether adopting the ETSA Clause was premature postponed the adoption of this clause.
MEMBER CONTENT – login using the orange button at the top of the page to view.
MEMBER CONTENT – login using the orange button at the top of the page to view.
Cancelling Clause 1970 (CANCELCON 1970) Should the vessel not be ready to load (whether in berth or not) latest at 12 midnight on the …………… Charterers have the option of cancelling this contract. If it appears that the vessel will be delayed beyond such cancelling date, the Owners may as soon as the... Please follow the link to continue reading.
