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Explanatory notes

PART I PART II Definitions 1. Slot and Weight Allocation 2. Period 3. Trading limits 4. Permitted Cargoes 5. Slot Charter Hire 6. Itinerary 7. Opening Containers 8. Stowaways 9. Drugs 10. Repairs 11. Owners' Obligations 12. Charterers'... Please follow the link to continue reading.

Explanatory notes

Introduction In response to the need for up to date provisions covering long-term representation by agents, BIMCO and FONASBA have developed a new General Agency Agreement.  BIMCO would like to thank the following Subcommittee members for their efforts in developing this contract: Mr Han van Bl... Please follow the link to continue reading.

BIMCO COVID 19 weekly report dated 4 February 2022

This BIMCO COVID 19 weekly report for the week ending 4 February covers the World Health Organization (WHO), Brazil, Denmark, India, Indonesia, Maldives, Oman, Philippines, Ukraine, Vanuatu and the latest from the International Maritime Organization (IMO).  Every week, BIMCO summarises measures impo... Please follow the link to continue reading.

Why observer status matters

Did you know that alongside its work at the International Maritime Organization (IMO), BIMCO has observer status at the London Convention/London protocol, the United Nations Framework Convention on Climate Change (UNFCCC) and the International Oil Pollution Compensation (IOPC) Funds? In fact, the ob... Please follow the link to continue reading.

Background

International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully ... Please follow the link to continue reading.

Background

Refund guarantees are an integral part of a shipbuilding project. Whilst they are not part of the shipbuilding contract as such, it is unlikely that any ship building contract would be signed if there was no such guarantee for the buyer. The refund guarantee is often regarded as the “financial corne... Please follow the link to continue reading.

BIMCO COVID 19 weekly report dated 30 December 2021

This BIMCO COVID 19 weekly report for the week ending 30 December covers the World Health Organization (WHO), Australia, Azerbaijan, Georgia, the Philippines, Russia, Saint Vincent and the Grenadines, Singapore, updated crew change national focal point contact and the latest from the International M... Please follow the link to continue reading.

Explanatory notes

Terminal operators engaged in the loading and discharging of high density solid bulk cargoes are not always aware of the increased stress, torsional, bending and shear forces to which a vessel may b subjected during these operations, Very often speed of loading or discharging is the only considerati... Please follow the link to continue reading.