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Digital Progress Forum
02 May 2023BIMCO's Grant Hunter, Director of Standards, Innovation & Research, will be speaking at this event about "Changing the Mindset - concepts for a new shipping business model – a holistic approach to the supply chain “pipeline” embracing digitalisation, decarbonisation, contractualisation and collaboration – the 4th Way."
Homecoming for NYPE 2015 at ASBA hosted seminar
14 November 2016At a seminar hosted by ASBA in Stamford on 10 November the NYPE 2015 time charter party was presented to ASBA members.
Laytime exception clauses
02 June 2016Shipping KPIs monthly news August 2018
20 August 2018Shipping KPIs monthly news March 2018
20 March 2018Shipbuilding contracts and force majeure
03 March 2020The spread of the COVID-19 virus has led to shipyards claiming ‘force majeure’. This article looks at key issues shipowners should be aware of when it comes to shipbuilding contracts and force majeure.
BIMCO kicks off its first Advisory Panel in Asia
04 October 2018On Monday, BIMCO hosted an Advisory Panel in Singapore with the aim to continue to strengthen the shipping voice of members across Asia and establish a new platform for dialogue and involvement.
Shipping KPIs monthly news January 2018
22 January 2018The single sign on feature for the BIMCO Shipping KPI system will be ready shortly. On 26 February 2018, BIMCO will hold a relaunch event for the BIMCO Shipping KPI in Cyprus.
Arrest Clause for Time Charter Parties 2019
07 December 2023Arrest clauses in charter parties are frequently one-sided with charterers having the right to terminate the charter party if the ship is not released within two or three days of an arrest. To provide a fairer allocation of risk and responsibility in the event of ship arrest BIMCO has developed two new standard clauses for time and voyage charter parties. Risk allocation is based on the “sphere of responsibilities” approach taken by the Court of Appeal of England and Wales in the "Global Santosh" judgment . Under this approach, a distinction is drawn between issues such as the management of the ship and its crew, which fall within the owners’ sphere of responsibility, and employment for use of the ship which falls within the charterers’ sphere of responsibility. This clause was published on 14 June 2019.
