Dry cargo market report dated 25 September 2020
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Brazil, Sao Paulo, Sao Sebastiao - ETA
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Background The IMO has so far adopted three different kinds of measures in MARPOL Annex VI. Resolution MEPC.328(76) focuses on either the design and technical energy efficiency of a ship or the ongoing operation of a ship. The below gives a brief overview: 1. Design measure: The Energy Efficie... Please follow the link to continue reading.
Explanatory notes
PART I PART II Clause I - Preamble Clause 2 - Owners’ Responsibility Clause 3 - Deviation Clause 4 - Payment of Freight Clause 5 - Loading/Discharging Clause 6 - Laytime Clause 7 - Demurrage Clause 8 - Lien Clause Clause 9 - Cancelling Clause Clause 1... Please follow the link to continue reading.
2020 Transitional Fuel Clause imminent
BIMCO’s 2020 Bunker Clause working group is pushing hard to finish work on two key clauses addressing the global switch to 0.5% sulphur content fuel on 1 January 2020.
List of contracts in SmartCon
See a list of the contracts available in BIMCO's Smartcon contract editor
BACKGROUND
Emission trading systems (ETS) are “cap and trade” schemes that permit the emission of greenhouse gases in exchange for allowances. Over time the quantity of allowances available to industry are reduced as an incentive to reduce emissions through increased efficiency and the use of alternative fuels... Please follow the link to continue reading.
Summer Shipping School
Ukraine situation – contractual implications
This short guide highlights some of the key issues that may affect the obligations and rights of contracting parties following developments in the Russo-Ukrainian conflict, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and fu... Please follow the link to continue reading.
04 Apr Russia added to the JWC Listed Areas – contractual implications
This short note deals with some of the key issues that may affect the obligations and rights of charterers and owners resulting from Russia being added to the JWC Listed Areas, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current a... Please follow the link to continue reading.
