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: Format Clause 1 (Definitions) Clause 2 (Voyage) Clause 3 (Deviation and Delays) Clause 4 (Barge Engineer) Clause 5 (Loa... Please follow the link to continue reading.
Introduction Part I Part II Clause 1 - Definitions Clause 2 - Appointment of Crew Managers Clause 3 - Basis of Agreement Clause 4 - Crew Insurance Arrangements Clause 5 - Crew Managers’ Obligations Clause 6 - Owners’ Obligations Clause 7 - Crew Management Fee Clause ... Please follow the link to continue reading.
Introduction With close to 20 years since its last revision, the WORLDFOOD charter party was due for an update. While the mandate of the UN humanitarian organisation World Food Programme (WFP) remains to fight hunger globally, commercial practice and the law have changed since the last edition was p... Please follow the link to continue reading.
BIMCO NAABSA Charter Party Wording Note: This wording to be added to the existing berthing provisions in charter parties Always subject to the Owners’ approval, which is not to be unreasonably withheld, the Vessel during loading and/or discharging may lie safely aground at any safe berth or safe ... Please follow the link to continue reading.
TOWHIRE is the industry standard contract for ocean towage on a daily hire basis. In the latest revision, it has undergone a thorough revision to clarify ambiguities and has been restructured to make it easier to use. TOWHIRE has been aligned with TOWCON as far as possible to ensure consistency. How... Please follow the link to continue reading.
ASBAGASVOY, the new voyage charter party for gas tankers developed jointly by BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) has seen a rapid uptake after its release to the market in September 2020. Christian Hoppe, BIMCO’s General Counsel, has talked to BW LPG, Petredec a... Please follow the link to continue reading.
MEMBER CONTENT – login using the orange button at the top of the page to view.
Applicability of the ISM Code Full industry compliance with the International Safety Management (ISM) Code is to be phased in over a period of 4 years based on two key implementation dates. The ISM Code will apply compulsorily under international law to all cargo vessels and mobile offshore drilling... Please follow the link to continue reading.
New guidance relating to possible inclusion or exclusion of General Average and New Jason Clauses in WINDTIME, SUPPLYTIME 2017 and ASVTIME
In accordance with standard BIMCO practice BOXLEASE is laid out in two parts. Part I is in a box layout and contains all the variable information, whilst Part II contains the standard terms and conditions. Part I forms the actual Contract and in the event of any conflict in conditions between the tw... Please follow the link to continue reading.
