BIMCO Piracy Clause for Consecutive Voyage Charter Parties and COAs 2013
(a) If, in the reasonable judgement of the Master and/or the Owners, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) on any part of the route which is normally and customarily used on a voyage of th...
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BIMCO’s widely-used standard barge bareboat charter party was first formulated and published in 1994 and subsequently revised in 2008 and again in 2021. It is part of a suite of offshore and marine services standard documents produced by BIMCO, which includes SUPPLYTIME, TOWCON, TOWHIRE, HEAVYCON, H...
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BIMCO Piracy Clause for Time Charter Parties 2013
(a) The Vessel shall not be obliged to proceed or required to continue to or through, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) which, in the reasonable judgement of the Master and/or the Owners, is dangerous to the...
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We forecast that the crude tanker market will end 2023 with cargo volume growth of between 0.5% and 1.5% but see tonne miles increase between 4.5% and 5.5%. Cargo volume growth is predicted to accelerate to between 2% and 3% in 2024 and moderate to between 1% and 2% in 2025.
As sailing distances a...
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Latest news about BIMCO's contracts and clauses: New novation agreements; update on revision of SUPPLYTIME, BARECON and WORLDFOOD charter parties; update on Standard Term Sheet.
Part I
Part II
Clause 1 - Period of Charter Party and Delivery
Clause 2 - Owners’ Undertaking
Clause 3 - Trading Limits
Clause 4 - Cargo Restrictions and Exclusions
Clause 5 - Redelivery
Clause 6 - Owners’ Obligations
Clause 7 - Charterers’ Obligations
Clause 8 -...
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Background
Explanatory Notes
Structure
Clause 1. Owners, Charterers, Vessel
Clause 2. Charterers’ Loading Port(s), Cargo
Clause 3. Discha...
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Special observations
PART II
Clause 1 (Definitions)
Clause 2 (Charter Period)
Clause 3 (Delivery)
Clause 4 (Time for Delivery)
Clause 5 (Cancelling)
Clause 6 (Trading Restrictions)
Clause 7 (Surveys on Delivery and Redelivery)
Clause 8 (Inspection)
Clause 9 (Inve...
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Key takeaways from the 108 meeting in the Maritime Safety Committee (MSC 108) of the IMO.
The outbreak from time to time of virulent diseases can have significant implications for ship owners and operators. This might include quarantine of a vessel and crew in an area where the disease is prevalent as well as the imposition of restrictions, possibly weeks or months later, in ports remote...
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