05 December 2017
BIMCO and FONASBA, the worldwide organisation representing shipbrokers and ship agents, have once again joined forces to create and launch a new general agency agreement for port agents, shipowners and ship operators contracting port agency services.
06 September 2017
BIMCO and the Global Shippers Forum (GSF) are working together to promote the benefits of using their jointly published SERVICECON “readymade” service contract.
30 November 2017
BIMCO has together with the UN World Food Programme (WFP), updated and modernised the WORLDFOOD voyage charter party used by the UN organisation to transport food to emergency areas around the world. The aim was to create a contract that made WFP’s work easier and faster.
19 December 2019
BIMCO’s Documentary Committee has approved two charter party sanctions clauses to help owners and charterers manage due diligence policies and navigate an increasingly complex environment of economic and trade sanctions imposed by governments.
22 November 2017
BIMCO has published two new contracts to assist parties when depositing money in a sale and purchase transaction and as security for a claim in a dispute.
04 November 2019
BIMCO has added several features to its contract editor since it was launched in 2018, and more will be added by the end of the year and throughout 2020.
13 December 2017
BIMCO has published a new edition of BARECON, the industry’s go-to standard contract for bareboat chartering.
08 June 2017
The spring meeting of the Documentary Committee, chaired by Francis Sarre, was held in Rome on 6 June. The sixty-strong committee discussed an extensive and diverse range of documentary projects and approved for publication three new contracts and one clause.
18 September 2019
04 September 2018
Recent reports of a rise in fuel contamination cases have increased the industry’s concerns over quality and safety of blended fuels as 2020 approaches. And for a good reason. A spike in demand for new low sulphur blends from 1 January 2020 will greatly increase the risk of contamination. Lars Robert Pedersen, Deputy Secretary General of BIMCO calls for bunker states to take responsibility.