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Contracts and clauses

Updated SUPPLYTIME sets new benchmark for offshore charters

BIMCO has published a new edition of SUPPLYTIME, its widely used time charter party for offshore support vessels.

New contract will help speed spill response times

BIMCO and ISCO have launched two new spill response contracts to make the task of arranging clean-up services following a spill incident significantly easier to negotiate in an emergency.

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July 2017

Changes to specialist General Average Clauses

At its meeting in Rome in June 2017, the Documentary Committee agreed that specialist provisions dealing with the mechanics of General Average should be modified to ensure consistency with user requirements and market arrangements.

BARECON team sets sights on victory

Following swiftly on the heels of the recent Ocean Victory judgment by the UK Supreme Court, the BARECON revision team has reviewed the insurance clauses of this widely used contract.

June 2017

NYPE 2015 campaign draws to close as use of new edition grows

After 18 months touring the world to promote the use of NYPE 2015, BIMCO’s campaign team concluded their seminar series in front of enthusiastic audiences in Rotterdam and Hamburg.

Updated SUPPLYTIME sets new benchmark for offshore charters

BIMCO has published a new edition of SUPPLYTIME, its widely used time charter party for offshore support vessels.

New contract will help speed spill response times

BIMCO and ISCO have launched two new spill response contracts to make the task of arranging clean-up services following a spill incident significantly easier to negotiate in an emergency.

Documentary Committee approves new SUPPLYTIME

The spring meeting of the Documentary Committee, chaired by Francis Sarre, was held in Rome on 6 June. The sixty-strong committee discussed an extensive and diverse range of documentary projects and approved for publication three new contracts and one clause.

May 2017

Preview the new edition of BARECON and give your feedback

The revision of BIMCO’s industry standard bareboat charter party, BARECON 2001, has been going on for over a year now. The draft has been circulated to more than 20 companies or individuals in the bareboat chartering industry for comments and feedback.

BIMCO launches latest guidance for charter negotiations

Today, BIMCO re-launches one of its most enduringly popular publications – Check Before Fixing.

April 2017

SHIPTERM seminars in Singapore & Hong Kong coming soon

BIMCO’s new standard term sheet for bilateral ship financing transactions, SHIPTERM, will be the focus of two seminars taking place in Singapore on 24 May and Hong Kong on 25 May.

March 2017

FUJCON 2017: No magic bullet for bunker contracts

BIMCO speaks at the 10th Fujairah Bunkering and Fuel Oil Forum.