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Results for:War risks
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Cuba - General Holidays 2004
28 February 2018BIMCO issues update on Persian Gulf tensions and sanctions clauses
21 January 2020After the killing of General Qassem Soleimani by a US drone in early January 2020, and the following retaliation by Iran, BIMCO is publishing its view of the escalated tension in the Persian Gulf, as well as advice regarding the new sanctions clauses, and encourages owners, operators and charterers to follow the operational and contractual guidance set out in this article.
Entry into enclosed spaces
02 May 2019Despite decades of the shipping Industry's and the regulators' efforts in developing guidance and even changing the SOLAS regulations, it has to be admitted that the task of entering enclosed spaces is still a high risk operation.
Mexico alert – smuggling of illegal narcotics – risk of ship detention and crew arrest
12 May 2020The International Group of P&I Clubs, International Chamber of Shipping (ICS), BIMCO and InterManager (the “international industry organisations”) draw Members’ attention to the series of recent ship detentions and crew arrests in Mexico and, in the case of the UBC Savannah, the lengthy and continuing detention in custody of the ship’s Master without any formal charges against him, following the discovery of illegal narcotics on board.
BIMCO ship redelivery clause set to reduce dispute risk
25 September 2017Anna Wollin, Manager, Contracts and Clauses at BIMCO, says that many of the disputes that commonly occur when a ship is redelivered at the end of a time charter could be avoided by using clearer wording in contracts.
RECORDED WEBINAR: Tanker Shipping Market Overview & Outlook Q1 2023: The stars align to create the strongest market in 15 years
02 March 2023Although risks remain, all indicators point to solid and sustained market strength not seen since the financial crisis hit in 2008.
6 Oct 2021 - US trade balance with China improving on higher exports
06 October 2021The trade war continues to rage in the shade of the headline-grabbing supply chain disruptions. The tariffs are still in place and are unlikely to go anywhere despite the change of administration in the United States.
US trade balance with China improving on higher exports
06 October 2021The trade war continues to rage in the shade of the headline-grabbing supply chain disruptions. The tariffs are still in place and are unlikely to go anywhere despite the change of administration in the United States.
Documentary Committee adopts string of important contracts and clauses
19 October 2023When BIMCO’s Documentary Committee (DC) met on 11 October in Copenhagen, it approved two new clauses and two revised versions of existing contracts. The new standards are being finalised for publication and will soon be made available for use on SmartCon and on the BIMCO website accompanied by explanatory notes.
