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.
Structure Annex A – Vessel Specification Annex B – Insurance Definitions Clause 1 (Charter Period) Clause 2 (Delivery and Redelivery) Clause 3 (Condition of Ship) Clause 4 (Structural Alterations and Additional Equipment) Clause 5 (Surveys, Audits and Inspe... Please follow the link to continue reading.
GENCOA is designed using the well-known BIMCO box layout pattern with the form consisting of two main parts: a box layout in Part I and the main terms and conditions in Part II. Part l Part II Preamble Clause 1 - Subject of Contract Clause 2 - Total Quantity/ Number of Shipments ... Please follow the link to continue reading.
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.
TOWCON is the industry standard contract for ocean towage on a lumpsum basis. In the latest revision, it has undergone a thorough revision to clarify ambiguities and has been restructured to make it easier to use. For example, definitions of Hirer’s and Tugowner’s Groups (SUPPLYTIME-style) have been... Please follow the link to continue reading.
BIMCO's Shipping Market Overview and Outlook Q1-23 - Bulk Market
In the offshore windfarm sector, installation and support functions are entirely reliant on the use of specialised vessels ranging from jack-ups to small, high-speed passenger craft. Up until the publication of WINDTIME, offshore wind farm developers have contracted the services of these vessels usi... Please follow the link to continue reading.
Introduction Part I – Box layout Part II – Terms and conditions SECTION 1 – DEFINITIONS AND VOYAGE Definitions Clause 1 (Scope of Voyage) SECTION 2 - CARGO Clause 2 (Cargo Requirements) Clause 3 (Cargo Description) Clause ... Please follow the link to continue reading.
The clause comprehensively sets out a complete code to address force majeure with a detailed and up to date definition of force majeure events. The rationale is that when a force majeure event occurs, the parties will find themselves in a crisis situation and will benefit from a contractual regime a... Please follow the link to continue reading.
REPAIRCON is the standard contract for use in connection with major ship repairs, in a wet or dry dock, at a shipyard or similar facility. The form was originally issued in 2002. In the light of experience and changes in practice over the intervening period, a Subcommittee, comprising representative... Please follow the link to continue reading.
