The objective of this project has been to develop a standard clause to limit contractually the excesses of marine risk assessments in the dry cargo sector and discourage the continued use of ill-conceived market provisions such as “the Vessel shall be Rightship approved throughout the charter period... Please follow the link to continue reading.
MEMBER CONTENT – login using the orange button at the top of the page to view.
The experiences of operating during the Covid-19 pandemic and the challenges this has created have prompted a review of the BIMCO Infectious or Contagious Diseases Clauses (the "IOCD Clauses”).
The BIMCO ISPS Clauses for Time and Voyage Charter Parties have now been in circulation for over a year. The Clauses have enjoyed widespread use in the industry and are generally acknowledged as having provided a timely and much needed contractual response to concerns regarding the impact of the ISP... Please follow the link to continue reading.
The following explanatory notes are intended to provide some background to the thinking behind the BIMCO Russian Oil Price Cap Scheme Clause 2024. If you have any questions about the clause that we have not answered in the explanatory notes, please contact us at contracts@bimco.org and we will be h... Please follow the link to continue reading.
Global trade still relies heavily on paper. The main risks of relying on paper are exposure to fraud, clerical errors and lengthy transfer and processing time. This is despite the fact that issuance of electronic bills of lading (eBLs) has been possible for more than 20 years on safe and well-establ... Please follow the link to continue reading.
MEMBER CONTENT – login using the orange button at the top of the page to view.
Read about the changes made for the 2023 season by Australia, Chile, Canada, US and New Zealand
MEMBER CONTENT – login using the orange button at the top of the page to view.
BIMCO's 2022/23 ice reporting season has started
