Agent membership
Agent membership is open to companies operating as ship agents. Find out prices and more about joining BIMCO as an agent member
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Explanatory notes
The following notes are intended to provide some of the thinking behind the provisions of GUARDCON. Nature of the Contract SECTION 1 – Basis of the Contract 1. Definitions 2. Commencement, Appointment and Duration SECTION 2 – Security Services 3. Security Services 4. Engagement of... Please follow the link to continue reading.
Newbuilding report dated 28 December 2021
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Background
In view of the increased digitalisation of the shipping industry, BIMCO has developed a standard clause for inclusion in charter parties and other contracts which makes it possible for the parties to sign their contracts and accompanying documents electronically. The publication of the clause should... Please follow the link to continue reading.
Background
Ship conversions are typically "one off" projects, which conceptually rest somewhere on a spectrum between repair and newbuilding. Smaller conversions are typically closer to repairs, whereas larger conversions are closer to newbuildings. CONVERSIONCON has been designed for larger conversions but re... Please follow the link to continue reading.
Explanatory notes
LNG Bunker Terms (Annex B to the BIMCO Bunker Terms 2018) Background The intention and purpose of the LNG Bunker Terms (the “Annex”) is to cater for the nature of LNG bunkering operations whilst trying to keep the provisions in line with the existing BIMCO standard contract for the purchase and supp... Please follow the link to continue reading.
Explanatory notes
The following Explanatory Notes are designed to provide some background information on the clauses of the various parts of the contract. Part I Box 1 - Place and Date Box 2 - Owners (Full style and address) Box 3 - Contractors (Full style and address) Box 4 - Vessel’s... Please follow the link to continue reading.
Curacao, Curacao - Towage
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Explanatory notes
Introduction The absence of standard market contracts for depositing money in connection with ship sale and purchase transactions means that parties are left to draft agreements on an individual basis. In order to fill this gap and provide a useful complement to the SALEFORM, BIMCO has developed a s... Please follow the link to continue reading.
New BIMCO Law & Arbitration clause will clarify arbitration processes
If a contractual dispute escalates and one of the parties want to involve arbitrators, it is essential that notices of commencement of proceedings and the appointment of arbitrators are properly served to the right people. BIMCO’s new Law & Arbitration Clause will address these issues with a provisi... Please follow the link to continue reading.
