Non-execution - brokerage
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CONVERSIONCON call for comments
BIMCO seeks members' comments on the latest draft of this new contract.
Background
The form retains the familiar Part I box layout which provides a useful summary of all the key variables of the contract such as details of the parties and tugs and payment terms. The main terms and conditions of the agreement are contained in Part II of the form. To make the agreement easier to rea... Please follow the link to continue reading.
Explanatory notes
Introduction The Mission The Main Criteria PART I – BOX LAYOUT Part II – Terms and Conditions Section 1 - VESSEL Clause 1 (Builder’s and Buyer’s Obligations) Clause 2 (Description) Clause 3 (Classification, Rules and Regulations) Clause 4 (IMO Hazardo... Please follow the link to continue reading.
Optional gas specific clauses to assist users of ASBAGASVOY
The drafting team set up by BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) to develop the recently published gas tanker charter party ASBAGASVOY has drafted a document containing additional clauses for possible use with the new charter.
Explanatory notes
Structure Part I Part II SECTION 1 – Basis of the Contract Clause 1 (Definitions) Clause 2 (Commencement, Appointment and Duration) SECTION 2 – Security Services Clause 3 (Security Services) Clause 4 (Engagement of Security Services) Clause 5 (Changes to the Security Services) Clause 6 (Security Es... Please follow the link to continue reading.
Explanatory notes
Background Summary of main features Detailed provisions Sub-clause (a) Sub-clause (b) Sub-clause (c) Sub-clause (d) Sub-clause (e) Sub-clause (f) Sub-clause (g) Guidance on laytime and detention and example calculations for sub-clause (e)(ii) of the BIMCO Cargo Fu... Please follow the link to continue reading.
Can owners ask charterers to pay towards the cost of installation of a scrubber?
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Where do I discharge scrubber waste?
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BIMCO invites your comments on Refund Guarantee
Refund guarantees are complex legal documents and must meet the requirements of the issuing banks. BIMCO has, in close co-operation with legal and commercial experts, banks and shipyards, been working to develop a standard refund guarantee which can be used for shipbuilding contracts, such as SAJ.
