Update on relevant high priority items from SSE 10

The 10th session of the International Maritime Organization’s (IMO) Sub-Committee on Ship Systems and Equipment (SSE 10) was held from 4 March to 8 March 2024 at the IMO. SSE works under the Maritime Safety Committee (MSC) and considers technical and operational matters about: Systems and equipment including machinery and electrical installations Fire protection and life-saving appliances. The following are some of the important updates which are of relevance to BIMCO members.

NATO Shipping Centre is ready to assist shipping with information and advice

The NATO Shipping Centre maintains a 24/7/365 oversight of security developments in the Euro-Atlantic area, the Mediterranean Sea, and the Black Sea. Shipowners are reminded of the Voluntary Reporting Scheme for the Mediterranean Sea.

Sanctions Clause for Time Charter Parties 2020

The sanctions landscape has grown increasingly complex since BIMCO published its Sanctions Clause for Time Charter Parties in 2010. International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully worded sanctions clauses in charter parties and other contracts are vital for internationally trading companies to help them manage and mitigate their sanctions risk and to enable them to continue to do business while remaining compliant with the various sanctions regimes. This clause is intended for use in all trades except for container trades. A separate sanctions clause for the container trades is under development. This clause was published on 19 December 2019. It replaces the Sanctions Clause for Time Charter Parties 2010 and the Designated Entities Clause for Charter Parties 2013 (which have been combined to make a new single clause for ease of incorporation).

War Cancellation Clause 2004

Sanctions Clause for Contracts of Affreightment (GENCOA) 2022

The sanctions landscape has grown increasingly complex. International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully worded sanctions clauses in contracts of affreightment are vital for internationally trading companies to help them manage and mitigate their sanctions risk and to enable them to continue to do business while remaining compliant with the various sanctions regimes.

Sanctions Clause for Container Vessel Time Charter Parties 2021

The sanctions landscape for the container trade has grown increasingly complex over the past decade. To provide the container industry with a bespoke contractual solution that addresses the practical and commercial realities of the liner trade BIMCO has developed a Sanctions Clause for Container Vessel Time Charter Parties 2020.

Sri Lanka, Galle - Customs

The Glossary of Climate Change Definitions referenced on the new IMO-backed website

BIMCO's Glossary of Climate Change Definitions is now featured on the International Maritime Organization's (IMO) new website, developed for the “Future Fuels and Technology for Low- and Zero- Carbon Shipping Project'” The glossary, developed with BIMCO’s partners, provides clear, concise definitions of key climate change terms and concepts aiming to facilitate clear communication and informed decision-making in relation to shipping.

Closing brief PPR 4

The fourth session of the IMO Sub-Committee on Pollution Prevention and Response (PPR 4) met in London from 16 to 20 January 2017. This report gives a brief overview of most important items, which were debated.

Revised emergency response procedures for ships carrying dangerous goods

Revised emergency response procedures for ships carrying dangerous goods was one of the many items discussed at IMO’s Maritime Safety Committee (MSC 99). Autonomous ships, security and adoption of amendments to mandatory instruments were also on the agenda.