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An introduction to the BIMCO Holiday Calendar

27 November 2023

Holidays play a fundamental part in shipping. Not only are holidays instrumental in determining if overtime rates have to be paid to stevedores or other port services, but in many charter parties, holidays are excepted from laytime. As such, charterers and owners will have opposing interests related to holidays, but both parties may be located far from the ports and countries of the port call.

An introduction to the BIMCO Holiday Calendar

10 March 2022

Holidays play a fundamental part in shipping. Not only are holidays instrumental in determining if overtime rates have to be paid to stevedores or other port services, but in many charter parties, holidays are excepted from laytime. As such, charterers and owners will have opposing interests related to holidays, but both parties may be located far from the ports and countries of the port call.

How "Check Before Fixing" can help

03 November 2021

During the summer of 2021, BIMCO published the latest version of Check Before Fixing , which can be purchased both in print and as an e-book. It has been a very popular tool for decades and it is easy to understand why. It provides the reader with highly practical guidance and tips for avoiding pitfalls when negotiating shipping contracts. It is meant to be a quick reference book for anyone involved with day-to-day commercial shipping. While it also serves as a guide in situations where disputes have already arisen, the aim is for it to be used proactively to evaluate the risk of terms and clauses commonly used in shipping contracts.