BIMCO Protective Clauses Note: Unless the clauses below are used separately, they should be prefaced by the words: “All Bills of Lading under this Charter Party shall contain the following clauses.” Clause Paramount The International Convention for the Unification of Certain Rules of Law relat... Please follow the link to continue reading.
GENCON is a standard voyage charter party. It is a general purpose agreement for the services of a ship in exchange for freight and can be used in a variety of trades. It is accompanied by its own bill of lading, CONGENBILL 2016. The latest edition of this contract is GENCON 2022.
BIMCO and Norwegian-based global aluminium company Hydro have launched a new edition of the HYDROCHARTER voyage charter party and HYDROBILL bill of lading.
GRAINCON is a standard grain voyage charter party. It is accompanied by its own bill of lading, the GRAINCONBILL 2016. The latest edition of this contract is GRAINCON, issued in 2003. Copyright in GRAINCON is held by BIMCO.
BIMCO New Jason Clause In the event of accident, danger, damage or disaster before or after the commencement of the voyage, resulting from any cause whatsoever, whether due to negligence or not, for which, or for the consequence of which, the Carrier is not responsible, by statute, contract or other... Please follow the link to continue reading.
The Universal Voyage Charter Party was published by the Polish Chamber of Foreign Trade and recommended by BIMCO. The latest edition of this contract is NUVOY 84.
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.
AIS manipulation is one tool used by parties to evade sanctions. This clause addresses this issue and is part of the BIMCO suite of sanctions clauses. It is intended to be part of a company’s sanctions compliance due diligence programme. Although the continuous operation of a ship’s Automatic Ident... Please follow the link to continue reading.
The presentation clause is paramount when concluding business in the gas spot market as it describes how the gas tanker must present at the load port. The ASBAGASVOY drafting committee set up by BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) has developed tailormade present... Please follow the link to continue reading.
BIMCO Bunker Price Adjustment Clause 2004 This Contract is concluded on the basis of a bunker price of USD _____ per metric ton for _____ oil* of _____ grade. If the bunker price per metric ton at _____** on the first day of loading is higher than USD _____ or lower than USD _____, any amount in e... Please follow the link to continue reading.
