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Explanatory notes

The following explanatory notes are intended to provide users with guidance as to the nature and extent of changes made to the WRECKFIXED 99 form. PART I Box Layout Part II Clause 1 (Definitions) Clause 2 (The Services) Clause 3 (Company Representative) Clause 4 (Change of Method o... Please follow the link to continue reading.

Background

Emission Schemes are “cap and trade” schemes that cap the total amount of greenhouse gases to be emitted by certain vessels covered by the system.  Over time, this cap is reduced as an incentive to reduce greenhouse gas emissions through increased efficiency and the use of alternative fuels. In the ... Please follow the link to continue reading.

SEV-GUARDCON

SEV-GUARDCON is a standard contract for security escort vessels (SEVs) that accompany merchant ships in high threat areas such as the Gulf of Guinea. It has been drafted to enable for cross-border transits where an SEV is needed to accompany the owners’ vessel through the Exclusive Economic Zone (EE... Please follow the link to continue reading.

Panama

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Malaysia

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Explanatory notes

Introduction BIMCO’s Hull Fouling Clause for Time Charter Parties was first developed in 2013 to transfer hull cleaning obligations to charterers where, as a result of their trading requirements and employment orders, a vessel is subject to a prolonged period of idling in port or at anchorage that r... Please follow the link to continue reading.