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Podcast about the campaign against single use plastics

03 August 2022

Reducing the amount of plastic litter in the oceans is a shared responsibility and requires a collective effort. By taking steps to reduce single-use plastics onboard ships, the shipping industry can contribute to addressing the global plastic litter problem.

Helping to keep the ocean plastic free- BIMCO joins GloLitter Partnership Projects to help prevent and reduce marine litter from shipping

05 May 2022

Key to reducing plastics in the ocean is working together- collaborating both within our sector and wider. That is why we are delighted to join the GloLitter Partnerships Project as a strategic partner. A ssisting developing countries to prevent and reduce marine plastic litter from maritime transport and identifying opportunities for the reduction of plastic uses in shipping are shared ambitions – vital for supporting the long-term health of our ocean.

Sanctions Clause for Time Charter Parties 2020

03 March 2022

The 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).