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Results for:Ship arrest
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BARECON 2017
13 December 2017BARECON is a bareboat charter party. It is a lease agreement whereby the charterer obtains possession and full control of the ship along with the legal and financial responsibility for it. The charterer generally pays for all operating expenses, including fuel, crew, maintenance, repairs, and P&I and hull insurance. The latest edition of this contract is BARECON 2017
Piracy, armed robbery and other violent criminal acts at sea
04 February 2021BIMCO's position on "piracy, armed robbery and other violent criminal acts at sea " has been approved by the BIMCO Board of Directors.
Smuggling
03 February 2021BIMCO's position on "smuggling" has been approved by the BIMCO Board of Directors.
Standard Escrow Agreement for Disputes
22 November 2017The Standard Escrow Agreement for Disputes is a contract for depositing security for a claim in a dispute. The latest edition of this contract is the Standard Escrow Agreement for Disputes, issued in 2017. Copyright in the Standard Deposit Escrow Agreement for Ship Sale and Purchase is held by BIMCO.
Ship arrest focal point of new clause
03 October 2017BIMCO has started work on standard arrest clauses for use in charter parties.
Documentary Committee approves new SUPPLYTIME
08 June 2017The 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.
ROPAXTIME
17 October 2016ROPAXTIME is a standard time charter party for the RoPax trade. It can be amended to be used for RoRo ships as well. The charter party contains the latest standard time charter clauses and includes detailed provisions covering trade specific issues such as hotel, restaurant and passenger related issues. The latest edition of this contract is ROPAXTIME, issued in 2015. Copyright in ROPAXTIME is held by BIMCO.
Arrest clauses
03 October 2016BIMCO has received comments concerning the arrival of a new breed of clauses seeking to shift risks traditionally falling within the charterers’ sphere onto the owners.
