IMO advances work on new fair treatment guidelines
Outcome of IMO Legal Committee meeting which took place on March 2023
Outcome of IMO Legal Committee meeting which took place on March 2023
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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.
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Press release from BIMCO and IBIA about bunker licensing
BIMCO has warned against situations where fake “brokers” will attempt to trick owners into fixtures where there is no cargo available. The con also involves a request for advance funds to be remitted to an account allegedly belonging to the “agents” at the loading port.
The BIMCO documentary committee has adopted revised charter party guarantee