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Explanatory notes

The following Explanatory Notes are intended to highlight some of the key issues and provisions of BIMCHEMTIME 2005 and to provide background information in respect of the thinking behind some of the clauses. Layout Commercial provisions Preamble and Clause 1 (Charter Period) Clause 2 (Port... Please follow the link to continue reading.

Background

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.

Utsav Mathur

Utsav Mathur is a Partner, commodity trading, shipping, and offshore energy lawyer based in Norton Rose Fulbright’s Houston office. Utsav’s practice spans disputes (litigation and arbitration), regulatory, and certain transactional work.  Utsav represents energy companies and commodity traders on di... Please follow the link to continue reading.

BIMCO submits proposal to IMO to extend BWM experience-building phase

BIMCO has submitted a proposal to the upcoming Marine Environment Protection Committee (MEPC) 77 with the aim to extend the experience-building phase (EBP) associated with the International convention for the control and management of Ships’ ballast water and sediments, 2004 (BWM Convention). The ex... Please follow the link to continue reading.

MEPC 80 – Summary of Outcomes

Get insights into the diverse topics addressed during the 80th session of IMO's Marine Environment Protection Committee (MEPC 80).

Explanatory notes

Special observations Clause l - Definitions Clause 2 - Period of Charter Party Clause 3 - Delivery Clause 4 - Mobilisation and/or Demobilisation Clause 5 - Substitution Clause 6 - Time for Delivery Clause 7 - Cancelling Clause 8 - Trading Limits Clause 9 -... Please follow the link to continue reading.