BIMCO Search Results

Results for: 2019

Showing 1 - 10 of 17660

Filter by location

Arrest Clause for Voyage Charter Parties 2019

07 February 2019

Arrest clauses in charter parties are frequently one-sided with charterers having the right to terminate the charter party if the ship is not released within two or three days of an arrest. To provide a fairer allocation of risk and responsibility in the event of ship arrest BIMCO has developed two new standard clauses for time and voyage charter parties. Risk allocation is based on the “sphere of responsibilities” approach taken by the Court of Appeal of England and Wales in the "Global Santosh" judgment . Under this approach, a distinction is drawn between issues such as the management of the ship and its crew, which fall within the owners’ sphere of responsibility, and employment for use of the ship which falls within the charterers’ sphere of responsibility. This clause was published on 14 June 2019.

Arrest Clause for Time Charter Parties 2019

07 February 2019

Arrest clauses in charter parties are frequently one-sided with charterers having the right to terminate the charter party if the ship is not released within two or three days of an arrest. To provide a fairer allocation of risk and responsibility in the event of ship arrest BIMCO has developed two new standard clauses for time and voyage charter parties. Risk allocation is based on the “sphere of responsibilities” approach taken by the Court of Appeal of England and Wales in the "Global Santosh" judgment . Under this approach, a distinction is drawn between issues such as the management of the ship and its crew, which fall within the owners’ sphere of responsibility, and employment for use of the ship which falls within the charterers’ sphere of responsibility. This clause was published on 14 June 2019.

ReCAAP ISC Piracy and sea robbery conference 2019

14 March 2019

ReCAAP Information Sharing Centre (ISC) together with BIMCO, INTERTANKO, and S. Rajaratnam School of International Studies (RSIS) will be organizing the conference on 9 April 2019 (1400 – 1700 hrs) during the Singapore Maritime Week. 

Decarbonization & Digitalisation Forum 2019

13 November 2019

BIMCO's Wei Zhuang – Regional Manager Asia - will be speaking at the panel on how digitalisation can support the drive towards decarbonisation, which is part of the Hong Kong Maritime Week 2019. The event is arranged by Lloyd's Register and the British Consulate in Hong Kong.

Dry cargo fixture and market reports dated 1 March 2019

04 March 2019

CAPESIZE: The turn of the February into March for 2019 saw an expected further depression of freight rates.  The Baltic Exchange daily fixture report features daily updates on the Baltic exchange indexes, timecharters, periods, voyage fixtures and is listed by ship name, size, delivery place and freight rate. The weekly dry bulk market report by the Baltic Exchange contains news impacting the following segments; capesize, panamax, supramax and handysize. 

Sale & purchase report dated 16 April 2019

23 April 2019

SnP activity keeps firming on a weekly basis, with MR tonnage remaining particularly popular in Buyers investing in the sector at the moment, while on the dry bulk side we had the first Capesize sale for 2019, which compared to the last done back in November indicates a discount of almost 13%.  The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.