Company
BIMCO
15 published works
Ship Law Log
Near, far, wherever you are – Key Court of Appeal ruling on BIMCO Barecon 2001
By Giyan Tang
The Court of Appeal recently considered the proper interpretation of Clause 29 of the BIMCO Barecon 2001 in the case Songa Product and Chemical Tankers III AS v Kairos Shipping…
Ship Law Log
<strong>BIMCO CII Clause for Time Charters – The dust begins to settle</strong>
By Nick Austin, Mike Adamson, Laura Hyne
Just as there is no easy route to decarbonisation, there is no straightforward way of balancing a shipowner’s obligation to comply with the MARPOL Carbon Intensity Indicator (“CII”) Regulations with…
Ship Law Log
Expecting the unexpected – BIMCO releases force majeure clause
In light of the unprecedented challenges faced by the shipping industry in recent years, BIMCO has recently released its long-awaited model force majeure clause for inclusion in charterparties and other…
Ship Law Log
TOWCON 2008 – Knock-for-Knock – Is the Tugowner’s liability exemption absolute?
By James Scott
Knock-for-knock clauses are designed for use in commercial contracts when the parties intend that they shall each be responsible for loss or damage to their own property, and any liability…
Ship Law Log
A new world of ship leasing and sale and leaseback transactions
Traditionally, the most common way of financing ships has been through debt and equity financing. However, over the past decade, ship leasing has become a very significant competitor and alternative…
Ship Law Log
BIMCO releases fresh sanctions clauses for time and voyage charter parties – Managing sanctions risk in 2020
By Leigh T. Hansson, Alexander Brandt, Claire Don, William Young
In response to the evolving challenges facing the shipping industry in 2019, BIMCO has released new standard sanctions clauses for time and voyage charter parties. The release attempts to respond,…
Ship Law Log
Update on BIMCO 2020 Fuel Transition Clause for Time Charter Parties
By Marcus Dodds
On 21 December 2018 we commented on the newly released BIMCO clauses intended to address the International Maritime Organization’s revised sulphur content limits with regard to the consumption and carriage…
Ship Law Log
The New SUPPLYTIME 2017
By Marcus Dodds, Daniel Jepson, Mark Johnson
In June this year BIMCO approved an updated version of the SUPPLYTIME form. The updated version includes a number of amendments which we have outlined in our client alert.
Ship Law Log
Electronic Bills of Lading
By Sally-Ann Underhill, William Bibby
With the inclusion of an electronic bills of lading clause in the latest iteration of the NYPE form, as well as the International Group of P&I Clubs’ approval of 3…
Data Privacy + Cybersecurity Insider
BIMCO issues cybersecurity guidelines for ships
Last week, BIMCO, along with other shipping organizations, “launched” guidelines “to help the global shipping industry prevent major safety, environmental and commercial issues that could result from a cyber incident…