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You need to be more vigilant about sanctions due diligence

14 March 2022

Violating sanctions imposed by the EU, UK, US and other countries against Russia and Belarus may cause severe enforcement actions and is potentially very damaging to your business. And with banks now being sanctioned, the situation is even more complex. Everybody wants to comply with the sanction regimes, but for many businesses, it is not easy to get it right. What do you need to do?

What we are working on

14 March 2024

Using feedback and experience from members and the industry, BIMCO keeps all its clauses and contracts under review. We have subcommittees working on the following updates or new projects, or have reviews planned to start in the coming months.

SUPPLYTIME Masterclass

16 April 2024

The masterclass examines different versions of the SUPPLYTIME contract. During the course, we will also examine the practical and legal differences using SUPPLYTIME for other purposes than OSV/AHTS.

SUPPLYTIME Masterclass

08 November 2023

The masterclass examines different versions of the SUPPLYTIME contract. During the course, we will also examine the practical and legal differences using SUPPLYTIME for other purposes than OSV/AHTS.

SUPPLYTIME Masterclass

15 June 2023

The masterclass examines different versions of the SUPPLYTIME contract. During the course, we will also examine the practical and legal differences using SUPPLYTIME for other purposes than OSV/AHTS.

SUPPLYTIME Masterclass

17 March 2023

The masterclass examines different versions of the SUPPLYTIME contract. During the course, we will also examine the practical and legal differences using SUPPLYTIME for other purposes than OSV/AHTS.

New COAs for dry bulk trade published

30 January 2023

BIMCO has issued two new standard contracts of affreightment (COA) for dry bulk cargoes – one that can be used with different voyage charter parties and another that includes all terms and provisions usually found in a COA.