(a) Without prejudice to any conditions in this Charter Party applicable to ice, the Charterers shall have the privilege of trading the Vessel to the Great Lakes in the open season but the Vessel shall not be required to enter the St. Lawrence Seaway without the prior consent of the Owners less than 20 days before the officially declared closing date. Even in the event of accident, stranding, collision, engine breakdown or any other cause whatsoever occurring without any personal fault of the Owners, their Managers or Agents, if the Vessel is unable to gain access to the sea because of ice conditions in the Lakes or the St. Lawrence Seaway and/or delays in port or ports and/or locks hindering departure prior to the closing date, hire shall continue during the time of the detention.
(b) The Charterers shall be responsible for any penalties imposed by the US/Canadian Authorities for leaving the Seaway after the official closing date unless delay is caused by the Owners.
(c) Extra Insurance
The Charterers shall pay any additional insurance premiums required on hull, machinery, freight and disbursements to operated outside Institute Warranty Limits. If the Vessel is re-delivered in the Lakes, and provided it carries any cargo out of the Lakes, the Charterers shall only be liable for 50 per cent, of such premiums. The Owners shall pay additional premiums being reimbursed by the Charterers with next instalment of hire.
The one-stop digital shop for all the standard maritime contracts and clauses you’ll ever need.
The BIMCO Documentary Committee has adopted a CII Operations Clause for Time Charter Parties which will help the industry commercially navigate the complexities of the new CII regulations from the International Maritime Organization (IMO).
BIMCO providing information and guidance relating to fumigation of cargoes that are shipped under the IMSBC Code, the Grain Code and the IMDG Code.
From time to time, BIMCO is approached by members enquiring about responsibility for the cleaning of a ship’s underwater parts when it has been idle at a port for a long time pursuant to the orders of the time charterers.
New regulation from the International Maritime Organization (IMO), which will require existing ships to reduce carbon emissions, is due to enter into force in just under one year. As compliance will benefit to a large extent from co-operation between shipowners and charterers, BIMCO has developed a new clause to address the changes.
BIMCO has published a new charter party clause to help tackle potential abuse by sanctions busters of the Automatic Identification System (AIS) which is mandatory for all ships to use under regulations for the Safety of Life at Sea (SOLAS).
BIMCO's Holiday Calendar covers general holidays in over 150 countries, plus local holidays and working hours in more than 680 ports around the world.
For general guidance and information on cargo-related queries.