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BIMCO members are invited to provide their views on the new standard contract of affreightment - GENCOA.
Refund guarantees are an integral part of a shipbuilding project. Whilst they are not part of the shipbuilding contract as such, it is unlikely that any ship building contract would be signed if there was no such guarantee for the buyer. The refund guarantee is often regarded as the “financial cornerstone” of a shipbuilding project. Copyright in the BIMCO Refund Guarantee for Shipbuilding Contracts is held by BIMCO.
BIMCO welcomes the recognition of the European Commission (EC) that climate change is a global issue that requires mobilisation of partners internationally.
The Institute Warranty Limits were amended as of 1 November 2003. They have also been renamed and are now referred to as International Navigating Limits (INL).
The industry’s first ever standard ship conversion contract, CONVERSIONCON, complements BIMCO’s other ship repair and construction contracts. It is available for use on BIMCO SmartCon today.
BIMCO speaks at the 10th Fujairah Bunkering and Fuel Oil Forum.
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.
BIMCO’s Documentary Committee has approved a new standard contract for security escort vessels (SEVs). The standard is a balanced contractual framework for SEVs that accompany merchant ships in high threat areas such as the Gulf of Guinea which has recently seen a rise in piracy activity as the dry season has begun.
The new edition of the popular contract updates the 1994 edition.
