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BIMCO publishes two 2020 sulphur clauses

10 December 2018

BIMCO has published two sulphur content related bunker clauses which are now available on the BIMCO website and on SmartCon, BIMCO’s contract editing solution.

New presentation clauses for use with ASBAGASVOY

04 February 2021

The presentation clause is paramount when concluding business in the gas spot market as it describes how the gas tanker must present at the load port. The ASBAGASVOY drafting committee set up by BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) has developed tailormade presentation clauses for use with the new gas tanker charter party.

Upcoming Contracts and Clauses

23 December 2021

Using feedback and experience from members and the industry, BIMCO keeps all its clauses and contracts under review. Currently, we are working on the following updates or new projects.

2020 Transitional Fuel Clause imminent

01 November 2018

BIMCO’s 2020 Bunker Clause working group is pushing hard to finish work on two key clauses addressing the global switch to 0.5% sulphur content fuel on 1 January 2020.

BIMCO adopts 2020 bunker clauses

13 November 2018

BIMCO has developed two 2020 bunker clauses that deal with general compliance and the transitional period for an early December release.

BIMCO improves clause labelling to help reduce disputes

03 October 2019

BIMCO has decided to start labelling all versions of its standard clauses with the year of publication, including the original edition, with the aim to reduce disputes over which version parties have agreed to.