BIMCO Piracy Clause for Consecutive Voyage Charter Parties and COAs 2013 (a) If, in the reasonable judgement of the Master and/or the Owners, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) on any part of the route which is normally and customarily used on a voyage of th... Please follow the link to continue reading.
BIMCO Piracy Clause for Time Charter Parties 2013 (a) The Vessel shall not be obliged to proceed or required to continue to or through, any port, place, area or zone, or any waterway or canal (hereinafter “Area”) which, in the reasonable judgement of the Master and/or the Owners, is dangerous to the... 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.
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BIMCO reports on China unveiling a new regulation called “Measures for Security Assessment for Outbound Data Transfer"
Explanatory Notes The following explanatory notes are intended to explain the drafting team’s thinking behind some of the key clauses. This document is intended as a living document and as BIMCO receives questions on some of the clauses, the notes will be expanded. Structure The contract is divided ... Please follow the link to continue reading.
Introduction The Mission The Main Criteria PART I – BOX LAYOUT Part II – Terms and Conditions Section 1 - VESSEL Clause 1 (Builder’s and Buyer’s Obligations) Clause 2 (Description) Clause 3 (Classification, Rules and Regulations) Clause 4 (IMO Hazardo... Please follow the link to continue reading.
SHIPMAN is one of the most widely used ship management agreements in the shipping industry. The agreement was first published in 1988 and updated in 1998 and 2009 to reflect changes in ship management practices, regulatory developments, etc. Despite the continuing wide use of SHIPMAN 2009, changes... Please follow the link to continue reading.
In 2019, BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) decided to jointly develop a dedicated gas tanker charter party, ASBAGASVOY. The new form is based on ASBATANKVOY, one of the most widely used tanker charter parties in the world. Although ASBATANKVOY was originally de... Please follow the link to continue reading.
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.
