With sanctions imposed on Russian interests by the EU, UK, US and others, it is crucial that shipowners and operators check their counterparts and contracts immediately. The situation is currently changing rapidly, and more sanctions announcements could be on the way.
In light of the recent development, BIMCO recommends using the latest editions of its War Risks clauses VOYWAR 2013 and CONWARTIME 2013
BIMCO is working to prepare clauses for CII and ETS
BIMCO reports on the new industry working group established with the purpose of updating the existing Industry Standard on Software Maintenance of Shipboard Equipment
As pressure on industries, governments, and companies to decarbonise increases, so does the need for the shipping industry to inform the public and decision makers and increase transparency about the industry’s efforts to decarbonise.
Banking and financial institution association ITFA has become the latest supporter of BIMCO’s 25 by 25 Campaign to help accelerate the adoption of electronic bills of lading in the bulk sector.
BIMCO and its partners have submitted the Glossary of Climate Change Definitions to MEPC 81.
Join our network as we explore ESG strategies and tackle the challenges of measuring intangible impacts in future business endeavours through a short survey.
ASVTIME, the new time charter party for accommodation support vessels, was recently adopted by BIMCO’s Documentary Committee and is now available for use in SmartCon.
Commercial disputes and court and arbitration proceedings that follow can be very time-consuming and costly – and can risk damaging an otherwise fruitful business relationship between the parties. This article, based on interviews with shipping experts, explains what alternative dispute resolution (... Please follow the link to continue reading.
