The unforeseen events of recent years have demonstrated how beneficial it can be for parties to contractually “expect the unexpected” – whether the event is extraordinary weather conditions caused by climate change or a pandemic. To help parties prepare for the unexpected, BIMCO has published a new ... Please follow the link to continue reading.
BIMCO has started work to develop a new Law & Arbitration Clause. The new clause will provide a short and “one size fits all” approach to dispute resolution, while adding Hong Kong as the fourth named arbitration venue. The addition of Hong Kong reflects its increased popularity as a centre for disp... Please follow the link to continue reading.
The MULTIDOC is a negotiable bill of lading for shipments involving several modes of transport. The latest edition of this bill of lading is MULTIDOC 2016. This amended edition incorporates the International Group of P&I Clubs/BIMCO Himalaya Clause for Bills of Lading and other contracts 2014, an up... Please follow the link to continue reading.
In view of the significant time and costs associated with court and arbitration proceedings, BIMCO has developed a standard clause for inclusion in charter parties and other contracts which makes it possible for the parties to solve disputes via alternative dispute resolution (ADR) and in particular... Please follow the link to continue reading.
BIMCO's experts give members advice and help with chartering and related questions
BIMCO St. Lawrence Seaway Clause All St. Lawrence Seaway cargo tolls assessed by Canadian and United States Authorities to be paid by Charterers or their Agents in Canada or the U.S.A. in addition to the freight.
BIMCO Personal Contract Clause This Charter Party is not a personal contract.
BIMCO U.S. Wharfage Clause Vessel dockage, if assessed, to be for account of the vessel whereas any wharfage assessment against or based upon tonnage loaded and/or discharged to be for account of the Charterers or Receivers of the cargo.
As a result of the implementation by the EU/G7 of a price cap on certain oil products originating in or exported from Russia, BIMCO has developed a clause in order to enable the parties to a charter party or similar contract to manage the legal and practical risks arising in connection with the Pric... Please follow the link to continue reading.
BIMCO Putting Back Clause Should the Vessel deviate or put back during a voyage for a reason which causes hire to be suspended under this Charter Party, hire shall cease to be payable from the commencement of such deviation until the time when the Vessel is again ready to resume her service from a ... Please follow the link to continue reading.
