Background A declaration of General Average (GA) often leads to time being spent and costs incurred obtaining GA security from individual cargo interests and their insurers. The purpose of the Average Bond Clause is, as far as possible, to minimise the time it takes to obtain such security and redu... Please follow the link to continue reading.
BIMCO has revised its EU Advance Cargo Declaration Clauses for Voyage and Time Charter Parties first issued in 2011. Background The EU Advance Cargo Declaration Clauses were drafted to meet the requirements of the new European Union customs legislation that came into force on 1 January 2011 – the E... Please follow the link to continue reading.
Spills involving oil or hazardous substances can occur for a wide variety of reasons and where pollution occurs, clean-up operations are carried out by appointed spill responders. In a maritime context the incident giving rise to the spill may also involve salvage operations to save property and pre... Please follow the link to continue reading.
BIMCO has published SHIPLEASE, a new standard term sheet for sale and leaseback transactions which will be presented at a series of free seminars in the coming months. We will start with two online seminars and, as soon as the situation allows, live networking seminars will be planned in Asia, Europ... Please follow the link to continue reading.
The AUSTWHEATBILL is a charter party bill of lading for shipments of wheat carried under the Australian Wheat Board’s AUSTWHEAT 1990 Charter Party. The government-owned Australian Wheat Board (AWB) is now defunct. The latest edition of this bill of lading is from 1990. AUSTWHEATBILL is not availabl... Please follow the link to continue reading.
BIMCO has expanded its library of Special Task Annexes for SUPPLYTIME 2017 with new annexes for crane operations and accommodation of charterers’ personnel.
The archive of BIMCO's digital magazine which was published quarterly until mid-2021.
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This provision will be applicable when the parties have chosen Japanese law as the governing law of VOLCOA. In such cases, the VOLCOA Japanese Terms will replace Clause 21 (Law and Arbitration) of VOLCOA and disputes should be referred to arbitration in Japan.
The GERMANCON-NORTH bill of lading was developed to be used for shipments of coal under The Baltic and International Maritime Conference German Coal Charter 1957.
