Introduction Laytime and demurrage are fundamental to tramp shipping. Specialist terms which have evolved over the years have been extensively analysed by legal commentators and frequently tested in the courts. This has resulted in subtle distinctions where a choice of term or use of language can ad... Please follow the link to continue reading.
These Explanatory Notes set out the reasoning behind the clauses that are not self-explanatory. The BARECON bareboat charter was first published in 1974. It has become one of BIMCO’s most successful and widely used charter parties and was last updated in 2001. Although BARECON is rarely the subject ... Please follow the link to continue reading.
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.
In response to growing concerns and increasing attacks in the region, a taskforce of stakeholders from across the shipping industry drafted the Gulf of Guinea Declaration on Suppression of Piracy.
MEMBER CONTENT – login using the orange button at the top of the page to view.
Standard terms and conditions Clause 1 – Applicability Clause 2 – Definitions Clause 3 – MTO’s Tariff Clause 4 – Time Bar Clause 5 – Law and Jurisdiction Clause 6 – Methods and Routes of Transportation Clause 7 – Optional Stowage Clause 8 – Delivery of the G... Please follow the link to continue reading.
BIMCO has compiled a glossary of climate change terms based on the best scientific consensus
Special observations PART II Clause 1 (Definitions) Clause 2 (Charter Period) Clause 3 (Delivery) Clause 4 (Time for Delivery) Clause 5 (Cancelling) Clause 6 (Trading Restrictions) Clause 7 (Surveys on Delivery and Redelivery) Clause 8 (Inspection) Clause 9 (Inve... Please follow the link to continue reading.
Structure Annex A – Vessel Specification Annex B – Insurance Definitions Clause 1 (Charter Period) Clause 2 (Delivery and Redelivery) Clause 3 (Condition of Ship) Clause 4 (Structural Alterations and Additional Equipment) Clause 5 (Surveys, Audits and Inspe... Please follow the link to continue reading.
