BPTIME3
20 September 2016BPTIME3 is a tanker charter party that was developed by BP in association with BIMCO. Copyright in this document is held by BP. The latest edition of this contract is BPTIME, issued in 2001.
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BPTIME3 is a tanker charter party that was developed by BP in association with BIMCO. Copyright in this document is held by BP. The latest edition of this contract is BPTIME, issued in 2001.
BIMCHEMVOY 2008 is a standard voyage charter party for the transportation of chemicals in tanker ships. It is accompanied by its own bill of lading, BIMCHEMVOYBILL 2016. The latest edition of this contract is BIMCHEMVOY 2008. Copyright in BIMCHEMVOY 2008 is held by BIMCO.
TANKERVOY 87 is a tanker voyage charter party. INTERCONSEC 76 contains additional clauses for use in relation to tanker consecutive voyages. The latest edition of this document is TANKERVOY 87.
BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) on 25 June kicked off a project at the BIMCO House to develop a standard gas tanker voyage charter party, codenamed ASBAGASVOY.
Can tankers escape the doldrums and unleash cramped demand on the back of higher oil demand?
Whether the phase out of single hull and non-double hulled tankers becomes massive in 2010 or at the latest stage in 2015 does not really matter to the market.
2015 has been the year of the tanker. The fundamental improvements with slow supply-side growth for some years coupled with low oil prices from mid-2014 created strength on both sides.
In the first quarter of 2015, tanker earnings for crude oil tankers have climbed to new strong levels, with averages not seen since 2008.
Demand for crude oil and oil product tankers is currently strong and both segments are enjoying an extended winter season with high earnings.
The upcoming winter season could be a very welcome time-out from sub-USD 10,000 per day markets for both crude and product tanker markets. BIMCO forecast that freight rates for VLCC will firm as the winter season