USA, California, El Segundo CA - Documents

Documentary Committee approves new SUPPLYTIME

The spring meeting of the Documentary Committee, chaired by Francis Sarre, was held in Rome on 6 June. The sixty-strong committee discussed an extensive and diverse range of documentary projects and approved for publication three new contracts and one clause.

Namibia - Freight tax

Latest news on BIMCO's contracts and clauses

Latest news about BIMCO's contracts and clauses: New novation agreements; update on revision of SUPPLYTIME, BARECON and WORLDFOOD charter parties; update on Standard Term Sheet.

BIMCO embarks on new standard for “quiet enjoyment”

A newly set-up BIMCO drafting team involving a cross-section of shipowners, charterers, financing and leasing institutions and private practice lawyers from Asia, Europe and the US began work this week to develop a standard letter of quiet enjoyment (LQE) for use in long term charter and leasing structure financings.

Sounding board to take sale and leaseback project to the next phase

BIMCO is setting up a sounding board with the aim to engage a broad group of stakeholders in the process of drafting a sale and leaseback term sheet, as the sale and leaseback market continues to expand.

Who is responsible for accounting and reporting a ship’s emissions?

It can be difficult to determine if shipowners or charterers are responsible for accounting and reporting the GHGs emitted by a ship. This article helps determine where the responsibility for accounting and reporting of GHG emissions from ships lies under different types of charter parties.

We want your opinion on the new edition of BARGEHIRE

BIMCO has been busy updating BARGEHIRE 2008 and the project is close to completion. But before we finalise and publish the new edition in March, we would like to hear the views of barge owners, operators and charterers. Your comments and views received by 13 January 2021 will help shape a successful new BARGEHIRE. You can get a copy of the consultation draft from this news piece or by contacting contracts@bimco.org.

Douglas Shoemaker

Douglas Shoemaker is a Partner of BLANKROME Houston, and member of the Maritime Emergency Response Team (“MERT”). Douglas focuses his practice on complex maritime transactions and litigation. He has over 25 years’ experience advising clients on a wide range maritime law topics, including charter party negotiation and drafting, arbitration, vessel construction and flagging, purchase and sale, and mergers and acquisitions, personal injury, property damage, pollution, onboard investigations, navigational error, Jones Act, stevedoring accidents, cargo damage defense, and general average. He has particular experience in: • Negotiating and drafting complex maritime agreements, including vessel construction, purchase and sale; time, voyage and bareboat charter parties; towage; contracts of affreightment; bills of lading; master services agreements; general terms and conditions; indemnity and insurance provisions • Defending maritime personal injury and property damage cases in state and federal courts • Arbitrations before the Society of Maritime Arbitrators in New York, the London Maritime Arbitrators Association, the Houston Maritime Arbitrators Association, the American Arbitrators Association, and JAMS • Defending and prosecuting maritime seizure proceedings • Insurance defense and coverage • Domestic and international mergers and acquisitions, particularly concerning maritime assets and issues.

We want your opinion on the new edition of BARGEHIRE

BIMCO has been busy updating BARGEHIRE 2008 and the project is close to completion. But before we finalise and publish the new edition in March, we would like to hear the views of barge owners, operators and charterers. Your comments and views received by 13 January 2021 will help shape a successful new BARGEHIRE. You can get a copy of the consultation draft from this news piece or by contacting contracts@bimco.org.