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COVID-19 and its consequences on shipbuilding contracts

03 March 2020

The spread of the COVID-19 virus is causing significant issues in the shipbuilding industry, but English law has no general concept of force majeure, and this is a key factor in the relationship between shipyards and shipowners.

Commodity Trading & Chartering Masterclass Online

28 November 2023

Commodity Trading & Chartering Masterclass Online is a series of 10 online sessions delivered over 5 days. Each day will run for 2x75 minutes with a short break in between. The course will examine commodity trading as a whole and discuss international contracts of sea carriage, which are heavily influenced by sale contracts.

BIMCO launches new contract for employment of security escort vessels

02 December 2021

BIMCO’s Documentary Committee has approved a new standard contract for security escort vessels (SEVs). The standard is a balanced contractual framework for SEVs that accompany merchant ships in high threat areas such as the Gulf of Guinea which has recently seen a rise in piracy activity as the dry season has begun.

FONASBA International Brokers Commission Contract

29 August 2020

The International Brokers Commission Contract is an agreement between owners and brokers for owners’ payment of commission to brokers. The copyright in this document is held by FONASBA and it has been recommended by BIMCO.

Commodity Trading & Chartering Masterclass Online

16 April 2024

Commodity Trading & Chartering Masterclass Online is a series of 10 online sessions delivered over 5 days. Each day will run for 2x75 minutes with a short break in between. The course will examine commodity trading as a whole and discuss international contracts of sea carriage, which are heavily influenced by sale contracts.

Chinese Flash PMI contracts and oil price slide continues

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.