Security alert for ships operating in the Gulf Of Guinea
09 February 2018Joint-industry alert on piracy in the Gulf of Guinea
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Additional Gulf of Guinea security advice
23 February 2018As an additional aide to the advice promulgated on 9 February 2018, BIMCO urges all members to note the guidance and advice contained in the following security notice for ships operating in the Gulf of Guinea region.
Security advisory for ships operating in the Gulf of Guinea
06 February 2017As a result of the number of recent security incidents over the last few days in the Gulf of Guinea, BIMCO reminds all members of the procedures and details for voluntary reporting.
Sanctions Clause for Contracts of Affreightments
03 March 2022The 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.
Ukraine situation – contractual implications
24 February 2022This short guide highlights some of the key issues that may affect the obligations and rights of contracting parties following developments in the Russo-Ukrainian conflict, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and future fixtures and, if in any doubt, seek legal advice before acting.
Sanctions Clause for Container Vessel Time Charter Parties 2021
03 March 2022The 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.
24 Feb Ukraine situation – contractual implications
24 February 2022This short guide highlights some of the key issues that may affect the obligations and rights of contracting parties following developments in the Russo-Ukrainian conflict, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and future fixtures and, if in any doubt, seek legal advice before acting.
Sanctions Clause for Time Charter Parties 2020
03 March 2022The 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).
Webinar - Piracy in the Gulf of Guinea
07 December 2021BIMCO, with the support of the International Transportation Workers Federation (ITF), World Shipping Council (WSC), and the International Shipmanagers’ Association (InterManager) is hosting a seminar to examine progress made so far and what remains to be accomplished to suppress piracy in the Gulf of Guinea.
Increased Security Threats for vessels operating in the Gulf of Guinea
21 October 2020BIMCO, ICS, INTERCARGO, INTERTANKO and OCIMF warns that as the dry season approaches and sea conditions abate, an increase in attacks in the Gulf of Guinea has traditionally been seen, so maritime security risks to vessels operating in the Gulf of Guinea require renewed attention.
