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Ship Sales Further Trading Clause 2023

08 November 2023

The intention and purpose of the BIMCO Ship Sales Further Trading Clause 2023 (the “Clause”) is for the Buyers and Sellers of a Vessel to agree that the Vessel will continue to trade. This provides the Sellers with a reasonable level of protection and reduces any risk that they will be held liable for the actions of the Buyers once proprietary interest in the Vessel has passed onto the Buyers in instances where the Buyers dispose of the Vessel in contravention of any rules and regulations concerning the demolition or dismantling of Vessels.

Liquid cargo of the month – Hexanol

12 March 2024

The BIMCO Liquid Cargo database is intended for use by for shore-side staff and to some extent for newcomers to the tanker trade and should only be used as a reference tool providing brief information regarding the more than 330 of the commonly transported liquid cargoes including Hexanol .