Warranty limits
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International Navigating Limits
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Trading limits
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Institute Warranties Limits
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Background
SHIPMAN is one of the most widely used ship management agreements in the shipping industry. The agreement was first published in 1988 and updated in 1998 and 2009 to reflect changes in ship management practices, regulatory developments, etc. Despite the continuing wide use of SHIPMAN 2009, changes... Please follow the link to continue reading.
Breaking IWL clauses
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American Institute Trade Warranties
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Trading outside Institute Warranties
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Sanctions Clause for box lines takes pragmatic approach
Many container operators use charter party trade limits as a sanctions management tool when operating liner services between non-sanctioned countries. To provide an alternative contractual solution and to proactively address the current trend to impose sanctions on the shipping industry, BIMCO is cu... Please follow the link to continue reading.
Insurance advice
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