Background The revision of the BIMCO IOCD Clause for Time Charter Parties was prompted by the COVID-19 pandemic. The clause is not intended to be a “COVID-19 clause” - it is designed with future epidemics and pandemics in mind. The BIMCO IOCD Clause 2022 is appropriate for outbreaks of diseases on ... Please follow the link to continue reading.
The latest edition of this clause is the War Risks Clause for Time Chartering 2013 (CONWARTIME 2013)
BIMCO HME Cargo Residues Disposal Clause for Voyage Charter Parties 2014 If the cargo is harmful to the marine environment (HME) in accordance with MARPOL Annex V, the Charterers shall be responsible for all extra costs and time and/or losses incurred by the Owners associated with the storage, remov... Please follow the link to continue reading.
MEMBER CONTENT – login using the orange button at the top of the page to view.
BIMCO Stevedore Damage Clause for FIO Voyage Charter Parties 2008 (a) The Charterers shall be responsible for damage (fair wear and tear excepted) to any part of the Vessel caused by Stevedores. The Charterers shall be liable for all costs for repairing such damage and for any time lost, which shall... Please follow the link to continue reading.
BIMCO has initiated work to develop a standard charter party for Accommodation Support Vessels (ASVs) to provide the industry with a balanced standard document that can be used in the offshore sectors.
A BIMCO committee started work this week to review SYNACOMEX, the popular grain voyage charter party
BIMCO Securing Materials Removal Clauses for Voyage Charter Parties 2008 At each discharge port the Charterers shall, in their time and at their risk and expense, endeavour to remove from the vessel lashing, securing and other materials supplied by the Charterers and no longer required for cargo ope... Please follow the link to continue reading.
BIMCO Virtual Arrival Clause for Voyage Charter Parties 2013 (a) Notwithstanding any other clause in this Charter party entitling the Owners to slow steam, the Charterers shall be entitled to request the Owners in writing to instruct the Master to adjust the Vessel’s speed to meet a specified time o... Please follow the link to continue reading.
BIMCO EU Advance Cargo Declaration Clause for Voyage Charter Parties 2012 (a) If the Vessel loads cargo in any EU port or place destined for a port or place outside the EU (“Exported”) or loads cargo outside the EU destined for an EU port or place or passing through EU ports or places in transit (“... Please follow the link to continue reading.
