ETSA and IOCD Clauses and updated GENCON adopted; CII Compliance Clause expected soon
See the outcomes and decisions from the BIMCO Documentary Committee meeting May 2022
See the outcomes and decisions from the BIMCO Documentary Committee meeting May 2022
This clause addresses compliance with the Energy Efficiency Existing Ship Index (EEXI) and allocates responsibility and costs for implementing EPL and SHAPOLI modifications under a time charter party.
The spring meeting of the Documentary Committee, chaired by Francis Sarre, was held in Rome on 6 June. The sixty-strong committee discussed an extensive and diverse range of documentary projects and approved for publication three new contracts and one clause.
The International Oil Pollution Compensation (IOPC) Funds met in London on 1 – 2 April to review incidents involving the Funds and with BIMCO represented as an observer.
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Background In October 2009 BIMCO initiated a project to develop a suite of standard bunker clauses for use in time charter parties. The rationale behind developing the suite is simply to address the ever increasing importance of bunker issues in time charter parties and the need to ensure that the r... Please follow the link to continue reading.
After 18 months touring the world to promote the use of NYPE 2015, BIMCO’s campaign team concluded their seminar series in front of enthusiastic audiences in Rotterdam and Hamburg.
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MEMBER CONTENT – login using the orange button at the top of the page to view.
The clause addresses compliance with the regulation of Russian oil and petroleum products following the EU/G7 measures, which implemented an oil price cap on specific oil products originating from or exported by Russia.