On 4 June BIMCO, together with ICS, IMCA, ITF and OCIMF, had arranged a symposium about piracy in the Gulf of Guinea. The symposium came to the conclusion that the Nigerian piracy problem occurs in a small area and can be solved if Nigeria wants it.
The following notes explain the scope of the key provisions and clarify how the document is intended to operate. They also provide users with guidance as to the nature and extent of changes made to the WRECKSTAGE 2010 form. If you have any questions about WRECKSTAGE 2024 please contact us at contra...
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The following notes provide a background to the thinking behind many of the provisions of the charter party and are provided as guiding notes to users:
Format
Clause 1 (Definitions)
Clause 2 (Voyage)
Clause 3 (Deviation and Delays)
Clause 4 (Barge Engineer)
Clause 5 (Loa...
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In response to growing concerns and increasing attacks in the region, a taskforce of stakeholders from across the shipping industry drafted the Gulf of Guinea Declaration on Suppression of Piracy.
Introduction
Laytime and demurrage are fundamental to tramp shipping. Specialist terms which have evolved over the years have been extensively analysed by legal commentators and frequently tested in the courts. This has resulted in subtle distinctions where a choice of term or use of language can ad...
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