BIMCO has developed a generic Flighted Spongy Moth Complex Clause for Time Charter Parties that provides a commercial solution focussing on the basic obligations and responsibilities of the owners and the charterers. This clause was renamed from Asian Gypsy Moth Clause for Time Charter Parties in Ma... Please follow the link to continue reading.
BIMCO Stevedore Damage Clause for Time Charter Parties 2008 (a) The Charterers shall be responsible for damage (fair wear and tear excepted) to any part of the Vessel caused by Stevedores. The Charterers shall be liable for all costs for repairing such damage and for any time lost. (b) The Master ... Please follow the link to continue reading.
BIMCO EU Advance Cargo Declaration Clause for Time Charter Parties 2012 (a) If the Vessel loads cargo in any EU port or place destined for a port or place outside the EU (“Exported”) or loads cargo outside the EU destined for an EU port or place or passing through EU ports or places in transit (“Imp... Please follow the link to continue reading.
BIMCO Weather Routeing Clause for Time Charter Parties 2006 (a) The Vessel shall, unless otherwise instructed by the Charterers, proceed by the customary route, but the Master may deviate from the route if he has reasonable grounds to believe that such a route will compromise the safe navigation o... Please follow the link to continue reading.
MEMBER CONTENT – login using the orange button at the top of the page to view.
BIMCO Non-Payment of Hire Clause for Time Charter Parties 2006 (a) If the hire is not received by the Owners by midnight on the due date, the Owners may immediately following such non-payment suspend the performance of any or all of their obligations under this Charter Party (and, if they so suspe... Please follow the link to continue reading.
The Charter Party Guarantee is a time charterers’ guarantee for all sums payable and liabilities under a time charter party. The latest edition of this contract is the Charter Party Guarantee 2022. Copyright in the Charter Party Guarantee for Charterers’ Guarantee of Sums Payable and Liabilities und... Please follow the link to continue reading.
BIMCO Securing Materials Removal Clauses for Time Charter Parties 2008 At each discharge port the Charterers shall, in their time and at their risk and expense, endeavour to remove from the vessel lashing, securing and other materials supplied by the Charterers and no longer required for cargo opera... Please follow the link to continue reading.
ASIAN GYPSY MOTH IS NOW KNOWN AS FLIGHTED SPONGY MOTH COMPLEX ** SEE THE UPDATED FLIGHTED SPONGY MOTH COMPLEX CLAUSE ** Not all countries have introduced the new name yet, but BIMCO has decided to standardise on Flighted Spongy Moth Complex, abbreviated to FSMC.
BIMCO Hull Fouling Clause for Time Charter Parties 2019 (a) If, in accordance with Charterers’ orders, the Vessel remains at or shifts within or between waiting areas, ports, places, anchorages and/or berths, and does not in the interim undertake a sea passage with speed and duration sufficient to r... Please follow the link to continue reading.
