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Cross industry group sets new standard with revised bunker contract

03 May 2018

BIMCO’s Documentary Committee approved a new set of standard bunker terms, developed by a cross-industry group, in New York on 2 May. The BIMCO Bunker Terms 2018 improve on the previous edition with a maximum limit of the parties’ liabilities – a key change that will lead to wider adoption of the contract.

International Group promotes 2011 Inter-Club Agreement with charter party clause

12 May 2016

The International Group of P&I Clubs is encouraging the industry to incorporate and apply the 2011 Inter-Club Agreement (ICA) into all NYPE and ASBATIME time charter parties. The newly published NYPE 2015 already contains a clause expressly providing for the 2011 edition of the ICA. BIMCO recommends that members apply the 2011 ICA to help apportion liability for cargo claims under the NYPE charters.

Bills of lading masterclass

08 October 2019

Bills of lading are at the core of international trade. The course focuses on common issues in B/L disputes (such as claused B/L’s, general average and liens) as well as on how this is legally dealt with worldwide.