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New terminal conditions clause takes balanced approach

17 April 2019

A new, “ Terminals Conditions of Use ” clause gives owners and operators in the oil, gas, dry bulk and container trades the means to respond to unreasonable terms imposed by terminals as a condition of using their facilities.

SEV-GUARDCON

07 January 2022

SEV-GUARDCON is a standard contract for security escort vessels (SEVs) that accompany merchant ships in high threat areas such as the Gulf of Guinea . It has been drafted to enable for cross-border transits where an SEV is needed to accompany the owners ’ vessel through the Exclusive Economic Zone (EEZ) or territorial waters of more than one state. The latest edition of this contract is SEV-GUARDCON, issued in 2022. Copyright in SEV-GUARDCON is held by BIMCO.