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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.

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.

Dangers associated with the carriage of nickel ore

18 April 2023

Nickel ore is one of the most problematic cargoes to be carried in solid bulk form. This article provides information on why it is so and how it can be shipped safely with some precautions to be taken into consideration.