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Tanker market report dated 23 November 2018

26 November 2018

Low water levels on the Rhine have remained a persistent problem for the European commodity markets since the summer, forcing many refineries and industrial plants to reduce production, and in some cases to declare force majeure. Whilst most industries would have expected and planned for such lows over the summer months, few would have expected these levels to persist, and indeed worsen as the markets move deeper into winter. Indeed, just as one might have seasonally expected levels to rise, they receded. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

WORLDFOOD 2017

30 November 2017

The United Nations World Food Programme Voyage Charter Party, WORLDFOOD 2017, is a BIMCO approved document to which the UN World Food Programme holds the copyright. The contract is used for shipments of food to emergency areas to save the lives of victims of war, civil conflict and natural disasters. The WORLDFOODRECEIPT 2017 is its accompanying contract of carriage. The latest edition of this contract is WORLDFOOD 2017. 

RESPONSECON

14 June 2017

RESPONSECON is an international spill response contract for hire of clean-up services and equipment following a spill of oil or other hazardous or noxious substances. The contract should not be used for spills occuring in the US – for such spills see US RESPONSECON. The latest edition of this contract is RESPONSECON, issued in 2017. Use of the contract is free of charge, but below Conditions of Use apply. Copyright in RESPONSECON is held by BIMCO.

US RESPONSECON

14 June 2017

US RESPONSECON is a spill response contract for hire of clean-up services and equipment following a spill of oil or other hazardous or noxious substances. The contract should only be used for spills occuring in the US – for other spills see RESPONSECON. The latest edition of this contract is US RESPONSECON, issued in 2017. Use of the contract is free of charge, but below Conditions of Use apply. Copyright in US RESPONSECON is held by BIMCO.

SUPPLYTIME 2017

20 September 2016

SUPPLYTIME is a time charter party for offshore support vessels. It operates on a knock for knock liability regime, which means that each party agrees to bear responsibility for and indemnify the other in respect of loss of or damage to their own property, and injury to or death of their own personnel, regardless of fault. The latest edition of this contract is SUPPLYTIME 2017. Copyright in SUPPLYTIME 2017 is held by BIMCO.