LNG Bunker Terms (Annex B to the BIMCO Bunker Terms 2018) Background The intention and purpose of the LNG Bunker Terms (the “Annex”) is to cater for the nature of LNG bunkering operations whilst trying to keep the provisions in line with the existing BIMCO standard contract for the purchase and supp... Please follow the link to continue reading.
Clauses for voyage and time charter parties, originally developed in 2004 in response to US Customs’ requirements for the advance submission of cargo manifest information, were reissued in 2010 to reflect the introduction of parallel arrangements in Canada. However, further changes have now been ma... Please follow the link to continue reading.
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Switching to low sulphur fuels The 2020 Fuel Transition Clause is not part of the Suite of Bunker Clauses as it deals with the one-off event of switching between fuel with a maximum sulphur content of 3.50% and fuel with a maximum sulphur content of 0.50%. The switchover is a process that will need ... Please follow the link to continue reading.
Sulphur Content Compliance The 2020 Marine Fuel Sulphur Content Clause replaces the BIMCO Fuel Sulphur Content Clause 2005 and can be incorporated into time charter parties as of now. The new clause is designed to work together with existing time charter bunker clauses which already cover issues rel... Please follow the link to continue reading.
