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.
BIMCO has published a new charter party clause to help tackle potential abuse by sanctions busters of the Automatic Identification System (AIS) which is mandatory for all ships to use under regulations for the Safety of Life at Sea (SOLAS).
The brown marmorated stink bug (BMSB) season 2021-2022 has begun on 1st September. BIMCO provides the measures for this season introduced by countries for ships arriving from targeted "BMSB" countries.
For the new season beginning September 2019, New Zealand, Australia and Chile have introduced tougher rules to combat increasing spread of Brown Marmorated Stink Bug (BMST) coming from targeted "BMST" countries.
The BIMCO Sanctions Clause for Time Charter Parties 2020 is intended to address two scenarios. The first scenario is where the owners or charterers (or the third parties they are responsible for under the clause) are listed by a sanctioning authority or government and become subject to sanctions res... Please follow the link to continue reading.
As a result of the implementation by the EU/G7 of a price cap on certain oil products originating in or exported from Russia, BIMCO has developed a clause in order to enable the parties to a charter party or similar contract to manage the legal and practical risks arising in connection with the Pric... Please follow the link to continue reading.
New Zealand enforces strict biosecurity regulations and the latest 'victim' was a vehicle carrier ordered to leave New Zealand due to stink bug contamination.
Seasonal measures introduced by Australia, New Zealand and Chile to combat marmorated stink bug risk.
World Health Organisation officially declares COVID-19 as a pandemic.
The International Maritime Organisation (IMO) issues a follow-up on coronavirus.
