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As adopted at the General Meeting in Rome, June 2017
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April 2017
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
BIMCO speaks at the 10th Fujairah Bunkering and Fuel Oil Forum.
On 21 March, the subcommittee established to develop a standard term sheet for syndicated ship financing transactions met for the first time to consider how to approach the work ahead.
The revision of the SUPPLYTIME 2005 charter party, BIMCO’s specialised offshore support vessel contract, is close to completion.
A greater focus in the bunker industry on contract wording, risk assessment and “knowing your counterpart” has been a motivator for updating the BIMCO Terms bunker contract, due for release in November 2017.
BIMCO and Norwegian-based global aluminium company Hydro have launched a new edition of the HYDROCHARTER voyage charter party and HYDROBILL bill of lading.
February 2017
On 20 February 2017, BIMCO and FONASBA broadcasted a webinar to discuss the recently published Agency Appointment Agreement.
BIMCO’s “SHIPTERM” will be the focus of a seminar in London on 21 March.
Two new contracts will be presented for review at the next Documentary Committee meeting on 6 June 2017 in Rome.
Work on revising the UN voyage charter party WORLDFOOD continued with a two days meeting at the World Food Programme’s headquarters in Rome earlier this month.
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