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Amendment 39-18 will be incorporated into the International Maritime Dangerous Goods Code (IMDG), 2018 Edition, and come into force on 1 January 2020.
Total imports of iron ore and soya beans were lower in 2018 than in 2017, down 1% and 7.9% respectively, and although imports of coal grew 3.7% in 2018, this was slower than the growth in 2017.
The NATO Shipping Centre maintains a 24/7/365 oversight of security developments in the Euro-Atlantic area, the Mediterranean Sea, and the Black Sea. Shipowners are reminded of the Voluntary Reporting Scheme for the Mediterranean Sea.
The sanctions landscape has grown increasingly complex since BIMCO published its Sanctions Clause for Time Charter Parties in 2010. 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 worded sanctions clauses in charter parties and other contracts are vital for internationally trading companies to help them manage and mitigate their sanctions risk and to enable them to continue to do business while remaining compliant with the various sanctions regimes. This clause is intended for use in all trades except for container trades. A separate sanctions clause for the container trades is under development. This clause was published on 19 December 2019. It replaces the Sanctions Clause for Time Charter Parties 2010 and the Designated Entities Clause for Charter Parties 2013 (which have been combined to make a new single clause for ease of incorporation).
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 being listed as sanctioned parties. Therefore, carefully worded sanctions clauses in contracts of affreightment are vital for internationally trading companies to help them manage and mitigate their sanctions risk and to enable them to continue to do business while remaining compliant with the various sanctions regimes.
The sanctions landscape for the container trade has grown increasingly complex over the past decade. To provide the container industry with a bespoke contractual solution that addresses the practical and commercial realities of the liner trade BIMCO has developed a Sanctions Clause for Container Vessel Time Charter Parties 2020.
This eBook includes a sample copy of the BIMCO Bunker Terms 2018 contract and the related explanatory notes in the latest version.
REPAIRCON 2018 is a standard contract for ship repairs. It can be amended to be used for ship conversion work as well. The latest edition of this contract is REPAIRCON 2018, issued in 2018. Copyright in REPAIRCON 2018 is held by BIMCO.
MINREPCON 2018 is a standard contract for minor afloat repairs at a commercial berth or anchorage. It is not meant to be an alternative to REPAIRCON 2018, which is the recommended contract for contracting with ship repairers or major sub-contractors. MINREPCON 2018 is intended to be used by shipowners to conclude written contracts with individuals or sub-contractors performing minor repairs which would normally be reluctant to read or sign a longer contract, such as REPAIRCON 2018. It should be noted that MINREPCON 2018 is a short form and does not include many of the limitations and protections included in REPAIRCON 2018. The latest edition of this contract is MINREPCON 2018, issued in 2018. Copyright in MINREPCON 2018 is held by BIMCO.
