BIMCO Search Results

Hamburg Rules Clause for use with Time Charter Parties 1994

BIMCO Hamburg Rules Clause for use with Time Charter Parties 1994 HAMBURG RULES CHARTERPARTY CLAUSE *) Neither the Charterers nor their Agents shall permit the issue of any bill of lading, waybill or other document evidencing a contract of carriage (whether or not signed on behalf of the Owner or on... Please follow the link to continue reading.

ISPS/MTSA Clause for Time Charter Parties 2005

BIMCO ISPS/MTSA Clause for Time Charter Parties 2005 (a)(i) The Owners shall comply with the requirements of the International Code for the Security of Ships and of Port Facilities and the relevant amendments to Chapter XI of SOLAS (ISPS Code) relating to the Vessel and “the Company” (as defined by... Please follow the link to continue reading.

Slow Steaming Clause for Time Charter Parties 2011

BIMCO Slow Steaming Clause for Time Charter Parties 2011 (a) The Charterers may at their discretion provide, in writing to the Master, instructions to reduce speed or RPM (main engine Revolutions Per Minute) and/or instructions to adjust the Vessel’s speed to meet a specified time of arrival at a pa... Please follow the link to continue reading.

LNG Bunker Operational Clause for Time Charter Parties

In 2021 BIMCO initiated a project to develop a suite of LNG fuel clauses for time charter parties. The number of LNG fuelled ships in operation is growing steadily and the suite reflects the need to have bespoke clauses in time charters for these ships. The LNG clauses cover matters related to the ... Please follow the link to continue reading.

Dunnage Removal Clause for Time Charter Parties 2007

BIMCO Dunnage Removal Clause for Time Charter Parties 2007 The Vessel shall be delivered and redelivered free of all dunnage, lining and packing materials. During the currency of this Charter Party the Charterers shall provide dunnage, lining and packing materials as required at their expense.  The ... Please follow the link to continue reading.

Ship-to-Ship Transfer Clause for Time Charter Parties 2008

BIMCO Ship-to-Ship Transfer Clause for Time Charter Parties 2008 (a) The Charterers shall have the right to order the Vessel to conduct ship-to-ship cargo operations, including the use of floating cranes and barges. All such ship-to-ship transfers shall be at the Charterers’ risk, cost, expense an... Please follow the link to continue reading.

Supply/demand balance

Despite weaker cargo volumes during the first half for both the crude and product tanker markets, we forecast a recovery during the second half and that both markets on average will see a stronger 2024 than 2023. Muted fleet and supply growth in both markets during 2024 is a key enabler for the re... Please follow the link to continue reading.