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BIMCO has published a new clause that can either replace or supplement existing redelivery clauses in time charter parties.
The BIMCO Documentary Committee has adopted a CII Operations Clause for Time Charter Parties which will help the industry commercially navigate the complexities of the new CII regulations from the International Maritime Organization (IMO).
ASIAN GYPSY MOTH IS NOW KNOWN AS FLIGHTED SPONGY MOTH COMPLEX ** SEE THE UPDATED FLIGHTED SPONGY MOTH COMPLEX CLAUSE ** Not all countries have introduced the new name yet, but BIMCO has decided to standardise on Flighted Spongy Moth Complex, abbreviated to FSMC.
The time charter party for accommodation support vessels currently being developed by a specialist BIMCO subcommittee is ready for wider consultation amongst stakeholders engaged in the offshore accommodation industry.
New LNG voyage charter party LNGVOY was the focus of a seminar held at the Japan Shipping Exchange on 21 October jointly presented by BIMCO and law firm Stephenson Harwood.
BIMCO has published a new edition of SUPPLYTIME, its widely used time charter party for offshore support vessels.
