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The IMO's Convention on Facilitation of International Maritime Traffic (FAL), has new updates effective from 1 January 2018.
BARECON 2001 is being updated to reflect changes in commercial practice and legal development in the 15 years since it was published. At a meeting held at BIMCO House on 29 September the focus of the revision team was the hire and termination provisions.
BIMCO will report from now till 31 December 2020, a series of articles, informing members of what to expect in the revised IMSBC Code which wlll come into force on 1 January 2021. The first article which BIMCO reports today is on changes made to the " Seed cakes" entries in the IMSBC Code.
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