18 December 2014
The Chinese manufacturing sector is set to contract in December, breaking the six-month expansion streak that has been going since April. The HSBC flash PMI (Purchasing Manager Index) compiled by Markit dropped to 49.5, down from 50.0 in November.
02 March 2022
BIMCO’s approval body for contracts and clauses gathered on 23 February to discuss a highly topical agenda. Two contracts of affreightment and a contract for conversion work on ships were adopted. Split views on whether adopting the ETSA Clause was premature postponed the adoption of this clause.
03 November 2021
BIMCO seeks members' comments on the latest draft of this new contract.
04 November 2019
BIMCO has added several features to its contract editor since it was launched in 2018, and more will be added by the end of the year and throughout 2020.
21 October 2020
Commodity Trading & Chartering Masterclass Online is a series of 10 online sessions, 60-90 minutes per session. The course will examine commodity trading as a whole and discuss international contracts of sea carriage, which are heavily influenced by sale contracts.
04 September 2020
With an increasing focus on force majeure due to the COVID-19 outbreak, BIMCO has gathered a drafting team to develop a free-standing force majeure clause for use in a variety of contracts.
10 January 2022
This clause addresses force majeure events occurring under contracts used by the shipping industry that affects the performance of the parties. It is a model clause that should be carefully reviewed by the parties and adapted as required to fit the context of the type of contract it is used in.
27 July 2018
Personal Data Protection Clauses for SHIPMAN, CREWMAN, SUPPLYTIME and GUARDCON are available now. These are additional clauses that can be added to specific BIMCO contracts if parties need wording to cover personal data protection legislation.
07 September 2021
Commodity Trading & Chartering Masterclass Online is a series of 10 online sessions, 75-90 minutes per session. The course will examine commodity trading as a whole and discuss international contracts of sea carriage, which are heavily influenced by sale contracts.
03 June 2014
Greek shipowners are not only the most active nation when it comes to sales and purchases, they are also investing the most in newbuilding contracts. Since 2010, contracts made by owners in Greece total USD 51 billion, consistently dwarfing the likes of Norway and China as buyers.