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CREWMAN B

30 January 2023

The latest edition of this contract is CREWMAN B (lump sum) 2009 .

CREWMAN A

30 January 2023

The latest edition of this contract is CREWMAN A (cost plus fee) 2009 .

Sanctions Clause for Container Vessel Time Charter Parties 2021

08 November 2023

The sanctions landscape for the container trade has grown increasingly complex over the past decade. To provide the container industry with a bespoke contractual solution that addresses the practical and commercial realities of the liner trade BIMCO has developed a Sanctions Clause for Container Vessel Time Charter Parties 2020.

Sanctions Clause for Voyage Charter Parties 2020

08 November 2023

The sanctions landscape has grown increasingly complex since BIMCO published its Sanctions Clause for Time Charter Parties in 2010 and the Designated Entities Clause for Charter Parties in 2013. International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully worded sanctions clauses in charter parties and other contracts are vital for internationally trading companies to help them manage and mitigate their sanctions risk and to enable them to continue to do business while remaining compliant with the various sanctions regimes. The absence of a standard BIMCO sanctions clause for voyage charter parties has resulted in owners and charterers amending the BIMCO Sanctions Clause for Time Charter Parties or drafting bespoke clauses. BIMCO has therefore developed this sanctions clause for use in voyage charter parties so that there is an industry standard clause. It is intended to provide a balanced allocation of the risks posed by sanctions as between owners and charterers. This clause is intended for use in all trades except for container trades. A separate sanctions clause for the container trades is under development. This clause was published on 19 December 2019. It is a sanctions clause that also covers issues related to designated entities previously found in BIMCO’s Designated Entities Clause for Charter Parties 2013. This new sanctions clause should be used instead of the old Designated Entities Clause.

Sanctions Clause for Contracts of Affreightment (GENCOA) 2022

08 November 2023

The sanctions landscape has grown increasingly complex. International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully worded sanctions clauses in contracts of affreightment are vital for internationally trading companies to help them manage and mitigate their sanctions risk and to enable them to continue to do business while remaining compliant with the various sanctions regimes.

CREWMAN B (Lump sum) 2009

30 January 2023

CREWMAN B (Lump sum) 2009 is a standard crew management agreement whereby the managers supply the crew to the ships as principals and employers of the crew on a lump sum basis. The latest edition of this contract is CREWMAN B (Lump sum) 2009. Copyright in CREWMAN B (Lump sum) 2009 is held by BIMCO.

CREWMAN A (Cost plus fee) 2009

30 January 2023

CREWMAN A (Cost plus fee) 2009 is a standard crew management agreement whereby the owners appoint the crew managers as agents to perform crew management services in respect of a ship on a cost plus fee basis. The latest edition of this contract is CREWMAN A (cost plus fee) 2009. Copyright in CREWMAN A (cost plus fee) 2009 is held by BIMCO.