Dispute Resolution Clause 2013
17 October 2016The latest edition of this clause is the Dispute Resolution Clause 2017 .
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The latest edition of this clause is the Dispute Resolution Clause 2017 .
For the benefit of its members, BIMCO has made a series of agreements with 15 national customs authorities (Belgium, Canada, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Norway, Sweden, the United Kingdom and the United States)- Customs Co-operation Agreements (CCAs)- as a means of mitigating delays and costs resulting from the discovery of drugs aboard a member vessel.
Venue-based clause (for use when incorporating an agreed choice of law and arbitration into a charter party or other agreement).
The Standard Liner and General Agency Agreement was published by FONASBA (the Federation of National Associations of Ship Brokers and Agents) and approved by BIMCO in 2001. It is a contract between the liner principal and its agent and governs, for example, the obligations of and payments to the agent. The latest contract for long term agency agreements, published in 2017, can be found under the General Agency Agreement .
Venue-based clause (for use when incorporating an agreed choice of law and arbitration into a charter party or other agreement).
In a unique cooperation between a BIMCO and the CBS Blue MBA Alumni Association, we present a new and unique learning experience. The Ship Management Academy is a comprehensive and intensive course designed to equip participants with the essential knowledge and skills required in the dynamic world of ship management. This program covers various topics, ranging from the commercial context of ship management to the intricacies of operational excellence and the latest advancements in the maritime industry. From the outset, participants will explore the fundamentals of ship management, exploring its history, core stakeholders, and the role of a ship manager as both an asset and risk manager. They will examine the competitive landscape and crucial aspects like reputation, performance, and relations management. The programme concludes with insights into the global maritime industry, geopolitical trends, and the expectations of shipowners, cargo owners, and operators. Next, participants will explore principles in ship management, legal aspects, and vessel operations, emphasising the importance of customer-centric approaches, organisational structures, and the need for scale and efficiency. Practical sessions, including case studies, provide participants with hands-on experiences, such as analysing the business case for outsourcing ship management services. The program also covers regulatory frameworks, energy efficiency measures, and alternative fuels, reflecting the industry's commitment to environmental sustainability. It explores performance management, key performance indicators (KPIs), and the role of digitalisation in enhancing service delivery excellence in depth. A significant part of the program is dedicated to exploring emerging industry trends, such as environmental, social, and governance (ESG) considerations, insurance, financial management, and controlling. Participants engage in case studies that are directly related to these trends, including PNI, salvage management, and various aspects of financial management and procurement. Throughout the program, participants benefit from practical sessions, case studies, and diverse topics, ensuring a well-rounded understanding of ship management's complexities and the tools necessary for success in this multifaceted industry. Upon completing the entire programme, all participants can take an online test and receive a certificate of Completion issued by BIMCO.
The Documentary Committee, under the chairmanship of Mr Francis Sarre, met in Copenhagen on 17 November in Copenhagen for its regular autumn meeting. Following two years’ intensive work involving owners, lawyers and financial institutions, a new Standard Term Sheet for Bilateral Financing was adopted.
The handy guide contains explanatory notes to all of BIMCO’s current standard ship management contracts.
The updated version of SHIPMAN, BIMCO’s widely used ship management agreement, was adopted by the Documentary Committee at its meeting on 22 March in Hamburg after a two-year review process involving shipowners, managers, P&I Clubs, insurance and legal experts.