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The masterclass examines different versions of the SUPPLYTIME contract. During the course, we will also examine the practical and legal differences using SUPPLYTIME for other purposes than OSV/AHTS.
The seminar examines different versions of the SUPPLYTIME contract. During the course, we will also examine the practical and legal differences using SUPPLYTIME for other purposes than OSV/AHTS.
The SUPPLYTIME Masterclass Online is a series of 10 online sessions examining different versions of the SUPPLYTIME contract. During the sessions, we will also examine the practical and legal differences using SUPPLYTIME for other purposes than OSV/AHTS. Each session will run for 60-90 minutes.
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).
The NATO Shipping Centre maintains a 24/7/365 oversight of security developments in the Euro-Atlantic area, the Mediterranean Sea, and the Black Sea. Shipowners are reminded of the Voluntary Reporting Scheme for the Mediterranean Sea.
The sanctions landscape for the container trade has grown increasingly complex over the past decade. To provide the container industry with a bespoke contractual solution that addresses the practical and commercial realities of the liner trade BIMCO has developed a Sanctions Clause for Container Vessel Time Charter Parties 2020.
Leading London law chambers gives “top marks to BIMCO” at seminar on new edition of SUPPLYTIME offshore support vessel charter party.
The revision of BIMCO’s top-selling contract, SUPPLYTIME 2005, has now reached a stage where it is appropriate to consult with the wider industry about the changes made to the contract so far.
