Off-hire - consequential delay - NYPE
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Successful GENCON 2022 seminars held in Asia – more to come in Europe, US
A report from BIMCO's GENCON 2022 seminars held in March 2022 in Singapore, Seoul and Tokyo
BIMCO launches survey to highlight biofouling management
Biofouling is getting increasing attention and pressure for biofouling management is mounting. Therefore, BIMCO is launching a survey to gain insight into how shipowners are managing the topic.
Explanatory notes
Introduction Clause 2 (Condition of Vessel) Clause 3 (Charterers’ Inspection) Clause 5 (Presentation and Conditioning of Cargo Tanks at the Loading Port) Clause 6 (Ownership of Heel) Clause 7 (Voyage, Loading and Discharging Ports and Logs) Clause 8 (Ship to Ship Tra... Please follow the link to continue reading.
Explanatory notes
Introduction The absence of standard market contracts for holding money in an escrow account during a dispute means that parties are left to draft agreements on an individual basis. In order to fill this gap, BIMCO has developed a standard form escrow agreement. The following notes describe the rea... Please follow the link to continue reading.
Newbuilding contracts should require use of Shipdex
BIMCO and MAN Energy Solutions hosted a conference for software suppliers delivering Computerised Maintenance Management Systems (CMMS) to expand the use of Shipdex. Shipdex is the standard protocol for exchanging technical data - such as manuals – electronically between supplier and ships directly,... Please follow the link to continue reading.
Explanatory notes
BIMCO has recently revised its suite of stand-alone ice clauses and has distilled them into two standard clauses: the BIMCO Ice Clause for Voyage Charter Parties and the BIMCO Ice Clause for Time Charter Parties. The amendments were made because the existing ice clauses were felt to be deficient in ... Please follow the link to continue reading.
Without guarantee
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Explanatory notes
In the wake of the events of 11 September 2001 the U.S. has been imposing on the shipping industry new security regulations and measures, which have caused increased expenses and delays to vessels calling in the U.S. In an effort to protect owners against the consequences of these new security measu... Please follow the link to continue reading.
Local regulation creates hull fouling challenges
It seems to be becoming increasingly difficult to find locations where in-water hull cleaning will be allowed for environmental reasons. At the same time, local regulations related to biofouling, are now in place in New Zealand and California, Australia is working on it, and more locations may follo... Please follow the link to continue reading.
