BIMCO launches new innovative contract editing solution
18 January 2018BIMCO has taken a big step forward and launched an innovative new solution for editing contracts.
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BIMCO has taken a big step forward and launched an innovative new solution for editing contracts.
The different types of training at BIMCO Choose the way you want to learn about commercial shipping and maritime law.
During the summer of 2021, BIMCO published the latest version of Check Before Fixing , which can be purchased both in print and as an e-book. It has been a very popular tool for decades and it is easy to understand why. It provides the reader with highly practical guidance and tips for avoiding pitfalls when negotiating shipping contracts. It is meant to be a quick reference book for anyone involved with day-to-day commercial shipping. While it also serves as a guide in situations where disputes have already arisen, the aim is for it to be used proactively to evaluate the risk of terms and clauses commonly used in shipping contracts.
This clause addresses force majeure events occurring under contracts used by the shipping industry that affects the performance of the parties. It is a model clause that should be carefully reviewed by the parties and adapted as required to fit the context of the type of contract it is used in.
At the 5th session of IMO Sub-Committee on Navigation, Communications and Search and Rescue (NCSR) – good progress was made to improve the safety of navigation; and to reduce the workload and stress level of the bridge team