BIMCO Search Results

Sanctions Clause for Contracts of Affreightment (GENCOA) 2022

The sanctions landscape has grown increasingly complex. 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 b... Please follow the link to continue reading.

Douglas Shoemaker

Douglas Shoemaker is a Partner of BLANKROME Houston, and member of the Maritime Emergency Response Team (“MERT”). Douglas focuses his practice on complex maritime transactions and litigation. He has over 25 years’ experience advising clients on a wide range maritime law topics, including charter par... Please follow the link to continue reading.

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.

Significant developments at the Documentary Committee Meeting on 22 March 2024

The BIMCO Documentary Committee (DC) met on 22 March 2024 in Hamburg, chaired by Nick Fell, marking a significant milestone in BIMCO's documentary work with the adoption of key projects and review of ongoing developments. Highlights include the adoption of the revised SHIPMAN and updates on ASBATAN... Please follow the link to continue reading.

Quiet Enjoyment Letter SHORTFORM

QEL and QEL (SHORTFORM) are two standard Quiet Enjoyment Letters (QELs) for use in ship financing transactions. The two QELs are intended for bareboat and time charter parties as well as ship leasing structures and complement the suite of BIMCO term sheets for ship financing (SHIPTERM and SHIPTERM S... Please follow the link to continue reading.

Quiet Enjoyment Letter

QEL and QEL (SHORTFORM) are two standard Quiet Enjoyment Letters (QELs) for use in ship financing transactions. The two QELs are intended for bareboat and time charter parties as well as ship leasing structures and complement the suite of BIMCO term sheets for ship financing (SHIPTERM and SHIPTERM S... Please follow the link to continue reading.