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Explanatory notes

BIMCO has revised its EU Advance Cargo Declaration Clauses for Voyage and Time Charter Parties first issued in 2011. Background The EU Advance Cargo Declaration Clauses were drafted to meet the requirements of the new European Union customs legislation that came into force on 1 January 2011 – the E... Please follow the link to continue reading.

Background

International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully ... Please follow the link to continue reading.

First draft gas tanker voyage charter party well underway

A joint project from BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) to develop a standard gas tanker voyage charter party took a big leap forward at a subcommittee meeting on 5-6 September. The aim of the project is to develop a standard form dedicated to the chartering of ... Please follow the link to continue reading.