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Background

Switching to low sulphur fuels The 2020 Fuel Transition Clause is not part of the Suite of Bunker Clauses as it deals with the one-off event of switching between fuel with a maximum sulphur content of 3.50% and fuel with a maximum sulphur content of 0.50%. The switchover is a process that will need ... Please follow the link to continue reading.

Explanatory notes

Clause 3 - Payment Clause 4 - Inspections  Clause 5 - Notices, time and place of delivery Clause 6 - a) Drydocking b) Divers inspection c) Drydocking provisions Clause 7 - Spares/bunkers etc. Clause 8 - Documentation Clause 11 - Condition on delivery Clause... Please follow the link to continue reading.

Background

TOWHIRE is the industry standard contract for ocean towage on a daily hire basis. In the latest revision, it has undergone a thorough revision to clarify ambiguities and has been restructured to make it easier to use. TOWHIRE has been aligned with TOWCON as far as possible to ensure consistency. How... Please follow the link to continue reading.

Seasonal Greeting from BIMCO’s President, Sabrina Chao

Dear members, dear BIMCO community Firstly, I hope you and your families are well. When I wrote my Seasonal Greeting to you this time last year, we were still held very much in the tight grip of COVID-19. While 2021 brought many grievances due to the pandemic, 2022 has certainly provided us with dif... Please follow the link to continue reading.

Interview with BIMCO's Sabrina Chao

BIMCO's Immediate Past President Sabrina Chao was interviewed by Greek magazine Naftika Chronika about seafarers and their skills being crucial to the future of the industry

Explanatory notes

Introduction Prompted primarily by the coming into force of the English Arbitration Act 1996, BIMCO has thoroughly revised and updated its Standard Law & Arbitration Clause. In a slight departure from tradition and for ease of incorporation into non-standard charter parties and other agreements, thr... Please follow the link to continue reading.