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The Chinese manufacturing sector is set to contract in December, breaking the six-month expansion streak that has been going since April. The HSBC flash PMI (Purchasing Manager Index) compiled by Markit dropped to 49.5, down from 50.0 in November.
BIMCO’s approval body for contracts and clauses gathered on 23 February to discuss a highly topical agenda. Two contracts of affreightment and a contract for conversion work on ships were adopted. Split views on whether adopting the ETSA Clause was premature postponed the adoption of this clause.
Join us for an insightful seminar on "BIMCO Carbon Clauses, EU maritime fuel regulation, and the updated SHIPMAN contract" at the South China International Arbitration Centre in Hong Kong.
Commodity Trading & Chartering Masterclass Online is a series of 10 online sessions, 60-90 minutes per session. The course will examine commodity trading as a whole and discuss international contracts of sea carriage, which are heavily influenced by sale contracts.
With an increasing focus on force majeure due to the COVID-19 outbreak, BIMCO has gathered a drafting team to develop a free-standing force majeure clause for use in a variety of contracts.
Commodity Trading & Chartering Masterclass Online is a series of 10 online sessions, 75-90 minutes per session. The course will examine commodity trading as a whole and discuss international contracts of sea carriage, which are heavily influenced by sale contracts.
Personal Data Protection Clauses for SHIPMAN, CREWMAN, SUPPLYTIME and GUARDCON are available now. These are additional clauses that can be added to specific BIMCO contracts if parties need wording to cover personal data protection legislation.
BIMCO seeks members' comments on the latest draft of this new contract.
The latest editions of TOWCON, TOWHIRE and BARGEHIRE are now available on SmartCon.
BIMCO has added several features to its contract editor since it was launched in 2018, and more will be added by the end of the year and throughout 2020.
