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New BIMCO Law & Arbitration clause will clarify arbitration processes

26 June 2020

If a contractual dispute escalates and one of the parties want to involve arbitrators, it is essential that notices of commencement of proceedings and the appointment of arbitrators are properly served to the right people. BIMCO’s new Law & Arbitration Clause will address these issues with a provision requiring parties to a contract to clearly identify who are authorised to receive arbitration notices and communication.

New BIMCO Law & Arbitration Clause under way

15 May 2020

BIMCO has started work to develop a new Law & Arbitration Clause. The new clause will provide a short and “one size fits all” approach to dispute resolution, while adding Hong Kong as the fourth named arbitration venue. The addition of Hong Kong reflects its increased popularity as a centre for dispute resolution and that it is currently ranked among the top maritime arbitration centres in the world.

COVID-19 Extension on crew certificates

18 January 2021

Providing members with the latest information on extensions to crew certificates by various states in the wake of the Coronavirus (COVID-19) outbreak. The page might be updated several times per day, so please check back for the most recent information.