BIMCO adopts portfolio of four ETS clauses
08 December 2023BIMCO’s Documentary Committee has adopted a new Emission Trading Scheme Allowances Clause for BIMCO’s ship management agreement, SHIPMAN, and three ETS clauses for Voyage Charter Parties.
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BIMCO’s Documentary Committee has adopted a new Emission Trading Scheme Allowances Clause for BIMCO’s ship management agreement, SHIPMAN, and three ETS clauses for Voyage Charter Parties.
The bill of lading is a key document. It is issued by the carrier to a shipper and serves as a receipt for goods shipped, evidence of the contract of carriage, and a document of title. It is an important document in international maritime trade as it serves as proof of ownership and provides legal protection for both the shipper and the carrier. It also serves as an invoice for payment and can be used to obtain insurance coverage. A letter of indemnity is a document used in international maritime transportation to protect the carrier from any financial losses or liabilities. It is typically used when the carrier is asked to release the cargo without the original B/L available upon arrival at the discharging port if the cargo destination is changed or the cargo is traded and split up. The letter of indemnity serves as an agreement between the shipper and carrier that the shipper will be responsible for any losses incurred due to their negligence or lack of documentation.
The bill of lading is a key document. It is issued by the carrier to a shipper and serves as a receipt for goods shipped, evidence of the contract of carriage, and a document of title. It is an important document in international maritime trade as it serves as proof of ownership and provides legal protection for both the shipper and the carrier. It also serves as an invoice for payment and can be used to obtain insurance coverage. A letter of indemnity is a document used in international maritime transportation to protect the carrier from any financial losses or liabilities. It is typically used when the carrier is asked to release the cargo without the original B/L available upon arrival at the discharging port if the cargo destination is changed or the cargo is traded and split up. The letter of indemnity serves as an agreement between the shipper and carrier that the shipper will be responsible for any losses incurred due to their negligence or lack of documentation.
The bill of lading is a key document. It is issued by the carrier to a shipper and serves as a receipt for goods shipped, evidence of the contract of carriage, and a document of title. It is an important document in international maritime trade as it serves as proof of ownership and provides legal protection for both the shipper and the carrier. It also serves as an invoice for payment and can be used to obtain insurance coverage. A letter of indemnity is a document used in international maritime transportation to protect the carrier from any financial losses or liabilities. It is typically used when the carrier is asked to release the cargo without the original B/L available upon arrival at the discharging port if the cargo destination is changed or the cargo is traded and split up. The letter of indemnity serves as an agreement between the shipper and carrier that the shipper will be responsible for any losses incurred due to their negligence or lack of documentation.
BIMCO’s Chief Shipping Analyst Peter Sand will deliver the closing keynote speech, “What is happening in the shipping markets” at Digital Ship’s 4 th Annual Maritime CIO Forum in Rotterdam on 26 September 2017, at the Hilton hotel in Rotterdam, The Netherlands.
The World Shipping Council, the International Chamber of Shipping and BIMCO today expressed their thanks to the 12 nations that have jointly condemned the ongoing illegal attacks on ships in the Red Sea and unlawful detention of vessels and crews there.
On 16 November 2022, BIMCO published the CII Operations Clause for Time Charter Parties after the clause was adopted by the Documentary Committee. BIMCO has since initiated a process of gathering feedback on its application from members and industry stakeholders.
The latest BIMCO digital Bulletin is now ready for you to read and enjoy.
One key end-user market for clean ammonia is the shipping industry. Yara Clean Ammonia (YCA) together with other first movers are investing in clean ammonia shipping related projects and looking to begin bunkering operations from 2025-2026 onwards. Learn more about obstacles, pitfalls and opportunities and ask your questions when Natalie Gupta, Director Bunkering Value Chain Partnerships at Yara Clean Ammonia will share her insight at this 15+15 webinar.
We get questions on the angle of repose for the loading of dry solid bulk cargoes, which has implications under the International Maritime Solid Bulk Cargoes (IMSBC) Code which can be complex to understand. This article explains the use of the angle of repose, when it is needed and why it is important for the safety of the ship, crew and cargo.