Introduction Part I – Box layout Part II – Terms and conditions SECTION 1 – DEFINITIONS AND VOYAGE Definitions Clause 1 (Scope of Voyage) SECTION 2 - CARGO Clause 2 (Cargo Requirements) Clause 3 (Cargo Description) Clause ... Please follow the link to continue reading.
The ability to agree contractually to adjust a vessel’s speed in order to meet a specified time of arrival can bring economic benefits to the parties. Instead of proceeding at full speed towards a discharge port only to wait at anchor for an available berth, virtual arrival permits the adjustment of... Please follow the link to continue reading.
BIMCO Loading and Discharging with Grabs Note : (a) and (b) are alternatives; the one not applicable shall be deleted. (a) No cargo shall be loaded into deeptanks (not including floodable holds), bunker and bridge spaces, wings and ends of ‘tweendecks. (b) No cargo shall be loaded into deepta... Please follow the link to continue reading.
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Basic features Face of the document Standard terms and conditions Clause 1 - Definitions Clause 2 - Carrier’s Tariff Clause 3 - Law and Jurisdiction Clause 4 - Methods and Routes of Transportation Clause 5 - Stowage Clause 6 - Hindrances, etc. affecting Performance ... Please follow the link to continue reading.
BIMCO, Institute of Chartered Shipbrokers and Ocean Technologies Group subsidiary Videotel have partnered to create a high-quality, accessible educational resource to help maritime students across the globe to continue their studies remotely during the coronavirus pandemic.
The risk of infestation by Asian Gypsy Moth (AGM) is a perennial problem for vessels trading in the Far East during the female moth’s flight season. The risk is particularly high in Korea, Japan, Northern China and the Russian Far East. A number of countries are highly alert to the risk of this inva... Please follow the link to continue reading.
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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.
As a result of increasing tension in the Persian Gulf area following recent attacks on two tankers, War Risk underwriters are charging additional premiums (AP) for calls to the Arabian Gulf/Gulf of Oman. Some underwriters are charging a flat rate for all tonnage operating in the area, while others a... Please follow the link to continue reading.
