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Time charter and infectious and contagious diseases

BIMCO has over recent weeks published a lot of information about COVID-19 and which measures different countries have implemented in an effort to curtail the spread of the virus. An overview can be found on BIMCO’s website.

Explanatory notes

Explanatory Notes The following explanatory notes are intended to explain the drafting team’s thinking behind some of the key clauses. This document is intended as a living document and as BIMCO receives questions on some of the clauses, the notes will be expanded. Structure The contract is divided ... Please follow the link to continue reading.

Bunker Rise Clause for Voyage Chartering

BIMCO Bunker Rise Clause for Voyage Chartering This Charter is concluded on the basis of a price of .......... per ton of* ............. for bunker** ............. oil of .............. grade in force on the date of this Charter. If the price actually paid by the Owners during the period of this Ch... Please follow the link to continue reading.

New ASV charter party to include cap on liability

The time charter party for accommodation support vessels (ASVs) currently being developed by BIMCO will include a limitation of the owners’ and charterers’ liability for loss, damage, delay or expense. This is the result of an online meeting of the subcommittee held on 18 May.