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Explanatory notes

Introduction General background Special observations Part I Index Part II Clause 1 - Period of Charter Party and Delivery Clause 2 - Owners' Undertaking Clause 3 - Trading Limits Clause 4 - Permitted Cargoes Clause 5 - Owners' Obligations Clause 6 - Charterers' Obligat... Please follow the link to continue reading.

Explanatory notes

General observations  Part I Index Appendix A Part II Clause 1 - Period and Delivery Clause 2 - Trading Areas Clause 3- Cargo Restrictions and Exclusions Clause 4 - Redelivery Clause 5 - On/Off hire surveys Clause 6 - Bunkers Clause 7 - Vessel’s Gear ... Please follow the link to continue reading.

Background

In the offshore windfarm sector, installation and support functions are entirely reliant on the use of specialised vessels ranging from jack-ups to small, high-speed passenger craft. Up until the publication of WINDTIME, offshore wind farm developers have contracted the services of these vessels usi... Please follow the link to continue reading.

Background

In 2019, BIMCO decided to develop a time charter party for accommodation support vessels (ASVs) engaged in the offshore oil and gas and renewables sectors. Although the market for ASVs is relatively small the new form, which has been codenamed ASVTIME, will fill an important gap in BIMCO’s suite of ... Please follow the link to continue reading.

Explanatory notes

Structure Annex A – Vessel Specification  Annex B – Insurance Definitions Clause 1 (Charter Period) Clause 2 (Delivery and Redelivery) Clause 3 (Condition of Ship) Clause 4 (Structural Alterations and Additional Equipment) Clause 5 (Surveys, Audits and Inspe... Please follow the link to continue reading.

Background

BIMCO has developed the ROPAXTIME time charter party for passenger-carrying RoRo ferries. It was approved for publication by BIMCO's Documentary Committee on 3 June 2015 in Edinburgh. Before the publication of ROPAXTIME, those involved in the RoPax trade were using heavily amended standard time char... Please follow the link to continue reading.