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Explanatory notes

PART I PART II Definitions 1. Slot and Weight Allocation 2. Period 3. Trading limits 4. Permitted Cargoes 5. Slot Charter Hire 6. Itinerary 7. Opening Containers 8. Stowaways 9. Drugs 10. Repairs 11. Owners' Obligations 12. Charterers'... Please follow the link to continue reading.

Explanatory notes

Introduction BIMCO’s Hull Fouling Clause for Time Charter Parties was first developed in 2013 to transfer hull cleaning obligations to charterers where, as a result of their trading requirements and employment orders, a vessel is subject to a prolonged period of idling in port or at anchorage that r... Please follow the link to continue reading.

Explanatory notes

Introduction General background Special observations Part I Index Part II Clause 1 - Period of Charter Party and Delivery Clause 2 - Owners' Undertaking Clause 3 - Trading Limits Clause 4 - Permitted Cargoes Clause 5 - Owners' Obligations Clause 6 - Charterers' Obligat... Please follow the link to continue reading.

Explanatory notes

Part I Part II Clause 1 - Period of Charter Party and Delivery Clause 2 - Owners’ Undertaking Clause 3 - Trading Limits Clause 4 - Cargo Restrictions and Exclusions Clause 5 - Redelivery Clause 6 - Owners’ Obligations Clause 7 - Charterers’ Obligations Clause 8 -... Please follow the link to continue reading.

Explanatory notes

GENCOA B 2022 – Explanatory notes OVERVIEW GENCOA B 2022 is a standard contract of affreightment for dry bulk cargoes. It is one of two versions of GENCOA revising the latest version of the contract issued in 2004: GENCOA A - a framework contract that can be used with different voyage charter par... Please follow the link to continue reading.

Explanatory notes

The following explanatory notes are intended to provide users with guidance as to the nature and extent of changes made to the revised WRECKHIRE form:  PART I Box Layout Part II Clause 1 (Definitions) Clause 2 (The Services) Clause 3 (Company Representative) Cla... Please follow the link to continue reading.

Explanatory notes

The following Explanatory Notes are intended to highlight some of the key issues and provisions of BIMCHEMTIME 2005 and to provide background information in respect of the thinking behind some of the clauses. Layout Commercial provisions Preamble and Clause 1 (Charter Period) Clause 2 (Port... Please follow the link to continue reading.

Explanatory notes

GENCOA A – Explanatory notes OVERVIEW GENCOA A 2022 is a standard contract of affreightment for dry bulk cargoes. It is one of two versions of GENCOA revising the latest version of the contract issued in 2004: GENCOA A - a framework contract that can be used with different voyage charter parties ... Please follow the link to continue reading.

Background

Refund guarantees are an integral part of a shipbuilding project. Whilst they are not part of the shipbuilding contract as such, it is unlikely that any ship building contract would be signed if there was no such guarantee for the buyer. The refund guarantee is often regarded as the “financial corne... Please follow the link to continue reading.