International Group of P&I Clubs Oil Pollution Charter Party Clause - Financial Security in Respect of Pollution - Important Update Background In 1990, in response to prospective oil pollution legislation in the United States of America, the International Group of P&I Clubs circulated a recommended... Please follow the link to continue reading.
BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) have approved a voyage charter party, ASBAGASVOY, for publication to serve the growing gas tanker industry. Work will now begin to revise ASBATANKVOY, one of the most used tanker charter parties in the world.
China Customs issued its Order (No.56) back in 21st November 2017 with a view to regulate all inbound/outbound manifest from 1st June 2018. Any violation in manifest filing may cause vessel’s delay as well as carrier’s penalty according to the “The Implementation Ordinance of Administrative Penalty ... Please follow the link to continue reading.
MEMBER CONTENT – login using the orange button at the top of the page to view.
Introduction Prompted primarily by the coming into force of the English Arbitration Act 1996, BIMCO has thoroughly revised and updated its Standard Law & Arbitration Clause. In a slight departure from tradition and for ease of incorporation into non-standard charter parties and other agreements, thr... Please follow the link to continue reading.
BIMCO’s Board of Directors has pointed to Nick Fell, Executive Vice President Corporate Services & General Counsel at BW Group in Singapore, to take up the role as chairperson of BIMCO’s Documentary Committee in summer 2021.
The following notes provide a background to the thinking behind many of the provisions of the charter party and are provided as guiding notes to users: Part I Part II Clause 1 (Warranty) Clause 2 (Voyage) Clause 3 (Delay in giving Loading/Discharging Orders) Clause 4 (Presentation... Please follow the link to continue reading.
Background In October 2009 BIMCO initiated a project to develop a suite of standard bunker clauses for use in time charter parties. The rationale behind developing the suite is simply to address the ever increasing importance of bunker issues in time charter parties and the need to ensure that the r... Please follow the link to continue reading.
GENCOA B 2022 – Explanatory notes OVERVIEW GENCOA B 2022 is a standard contract of affreightment for dry bulk cargoes. It is one of two versions of GENCOA revising the latest version of the contract issued in 2004: GENCOA A - a framework contract that can be used with different voyage charter par... Please follow the link to continue reading.
MEMBER CONTENT – login using the orange button at the top of the page to view.
