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Electronic Signature Clause 2021

07 December 2023

The purpose of the Electronic Signature Clause 2021 is to enable the parties to a contract to sign the contract, and any documents to be signed in connection with it, electronically. The clause can be used in any type of contract.

Asian gypsy moth season 2021 - be prepared!

06 May 2021

BIMCO provides up-to-date information on the Asian gypsy moth season (AGM) 2021. ** ASIAN GYPSY MOTH IS NOW KNOWN AS FLIGHTED SPONGY MOTH COMPLEX ** Not all countries have introduced the new name yet, but BIMCO has decided to standardise on Flighted Spongy Moth Complex, abbreviated to FSMC.

Newbuilding report dated 23 November 2021

24 November 2021

It's been a while since we saw such a short list of new constructions like the one compiled for last week's orders. Indeed, only one order was inked; Croatian owner Atlantska exercised an option for the construction of two more 82,000dwt vessels at New Hantong yard for a price of $34.25 million each. The newbuilding market activity was in line with the course that we have been witnessing since the start of the year. Crude carrier units were missing for another week while LNG and container deals were present as always despite the increasing newbuilding prices.