ISPS Clause for Voyage Charter Parties 2004
The latest edition of this clause is the ISPS/MTSA Clause for Voyage Charter Parties 2005
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Updated Hull Fouling Clause clarifies performance suspension trigger
BIMCO has published an updated version of its widely used Hull Fouling Clause for Time Charter Parties. The new edition more clearly sets out the circumstances and point in time when responsibility for hull cleaning passes from owner to time charterer.
New electronic signature clause supports increasing digitalisation in shipping
BIMCO’s Documentary Committee has adopted a standard electronic signature clause that allows parties to safely use electronic signatures in their contractual arrangements.
New BIMCO clause promotes harmonised ship-shore data exchange
BIMCO has published a charter party clause promoting the use of the IMO’s data model framework. The publication is an extension of BIMCO’s strategic objective to encourage greater efficiency and harmonisation in the ship-shore interface.
BIMCO adds Hong Kong to new shortened arbitration clause
The addition of Hong Kong as the fourth named arbitration option has prompted BIMCO to overhaul its law and arbitration clause. The new edition was approved for publication at the recent meeting of BIMCO’s Documentary Committee and is available to download from our website.
New electronic signature clause supports increasing digitalisation in shipping
BIMCO’s Documentary Committee has adopted a standard electronic signature clause that allows parties to safely use electronic signatures in their contractual arrangements.
Stowaways Clause for Time Charter Parties 2009
BIMCO Stowaways Clause for Time Charter Parties 2009 (a) If stowaways have gained access to the Vessel by means of secreting away in the goods and/or containers or by any other means related to the cargo operation, this shall amount to breach of charter. The Charterers shall be liable for the conseq... Please follow the link to continue reading.
New BIMCO Law & Arbitration clause will clarify arbitration processes
If a contractual dispute escalates and one of the parties want to involve arbitrators, it is essential that notices of commencement of proceedings and the appointment of arbitrators are properly served to the right people. BIMCO’s new Law & Arbitration Clause will address these issues with a provisi... Please follow the link to continue reading.
Ship Sales Further Trading Clause 2023
The intention and purpose of the BIMCO Ship Sales Further Trading Clause 2023 (the “Clause”) is for the Buyers and Sellers of a Vessel to agree that the Vessel will continue to trade. This provides the Sellers with a reasonable level of protection and reduces any risk that they will be held liable f... Please follow the link to continue reading.
BIMCO aims to publish cyber security clause in spring 2019
BIMCO is developing a clause dealing with cyber security risks and incidents that might affect the ability of one of the parties to perform their contractual obligations.
