16 January 2020
BIMCO is setting up a sounding board with the aim to engage a broad group of stakeholders in the process of drafting a sale and leaseback term sheet, as the sale and leaseback market continues to expand.
19 September 2019
Join the BIMCO Generation Change panel discussion where the next generation of shipping leaders and innovators discuss how shipping must adapt to thrive in the future. Wednesday, 25 September from 08:15 – 09:00. Moderator Ms. Maite Bolivar-Klarup, General Manager South East Asia,
23 November 2016
In a landmark decision, BIMCO cemented its move into the domain of ship financing with the Documentary Committee’s approval of a standard term sheet for use in ship financing transactions on 17 November 2016.
28 August 2017
Since early July, the capesize rates have gone up and up. By mid-August, they had reached a breakeven level to become profitable. BIMCO estimates that a capesize ship on average fleet financing and operational cost levels, turns profitable when rates are above $15,300 per day.
05 February 2019
A new “Shipmanagers’ Letter of Undertaking” (LoU) is now available on the BIMCO website, together with Explanatory Notes. The LoU sets out shipmanagers’ obligations to lenders financing owners’ purchase of a managed vessel.
24 November 2016
The Documentary Committee, under the chairmanship of Mr Francis Sarre, met in Copenhagen on 17 November in Copenhagen for its regular autumn meeting.
Following two years’ intensive work involving owners, lawyers and financial institutions, a new Standard Term Sheet for Bilateral Financing was adopted.
17 June 2016
BIMCO’s Standard Term Sheet Subcommittee met on 15 June to consider feedback received on the draft term sheet agreed by the subcommittee in March...
03 October 2016
BIMCO's ship financing term sheet is now ready for a second round of consultations following a two-day meeting in Copenhagen.
15 November 2019
Elinor is Partner at HFW and heads the global finance team.
She represents shipowners, operators, shipyards, designers and banks across the cruise, commercial shipping, yachts and business jets, LNG and offshore sectors.
Elinor advises on all types of commercial shipping contracts including second-hand sale and purchase, shipbuilding contracts, EPC and EPCI contracts, ship recycling, ship registration, charterparties, pooling agreements, management agreements, seismic-related contracts, shares sale and purchase and joint venture agreements as well as on ship and aviation finance, leasing, seller's credits and other forms of capital raising. She also advises on contracts for the design, construction, purchase and operation of yachts and business jets.
Elinor is part of the firm's LNG group, which has been responsible for drafting some of the first long-term LNG vessel charters and has, over the years, built up extensive experience of LNG time charters and related agreements, including joint venture arrangements, for some of the major LNG projects around the world. The group deals with all modern LNG time voyage and other specific charters, gas supply / offtake and LNG sale and purchase agreements, financing agreements, insurance issues, FLNG, FSRU projects and the construction and operation of LNG ports and terminals.
Elinor has particular experience in the drafting of LNG charters and the ShellLNGTime form.
Elinor has been advising on piracy related contracts since 2009, including contracts for the provision of private security services and, more recently, cyber security services and insurance. She sits on BIMCO's drafting sub-committees for GUARDCON and the new cyber security clauses.
Elinor lectures on commercial shipping matters, and in particular on shipbuilding and offshore construction topics, security in shipping and yachting, FPSO charters, LNG charters and FSRU contracts and related insurance issues.
Elinor is recommended by the Legal 500 UK and Chambers directories. She co-leads the firm's travel and leisure group. Elinor is a former chair of the International Bar Association's Maritime and Land Transport Law Committee, sits on the UK Chamber of Shipping's Taxation Committee and is a member of WISTA. She has been with HFW since 1994.
Elinor is qualified in England and Wales.
29 May 2019
Christian is BIMCO’s General Counsel. He is a lawyer and graduated from the University of Copenhagen with a Master’s degree in 2001 and an LL.M. with Distinction from the University of Southampton in 2004. He worked in the Secretariat for maritime policy at the Danish Maritime Authority from 2001, until joining the European Commission’s Directorate-General for Maritime Transport and Energy in 2005 where he worked until 2009.
Christian has been with BIMCO for 10 years, providing legal and policy advice in-house and to members and representing the association at various international meetings. He is managing a number of the association’s contracts and clauses related projects, including the ones relating to the development of term sheets for ship financing. Christian was recently seconded to Danish law firm Gorrissen Federspiel, one of the leading advisors within the maritime industry, and was admitted to the Danish Bar in February 2019 (practice certificate deposited).