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Maritime Anti-Corruption Network launches survey on corrupt practices in Ukraine

10 July 2019

The Maritime Anti-Corruption Network (MACN) has recently launched a survey concerning corrupt practices in Ukraine. Such practices may take many forms e.g. demands for facilitation payments (low level payments paid to low level government officials to complete routine tasks the company is entitled to), cash payments or in kind requests made by various port authorities.

WRECKSTAGE 2010

30 January 2023

WRECKSTAGE 2010 is an international wreck removal and marine services agreement based on payment of a lump sum in stages. The latest edition of this contract is WRECKSTAGE 2010. Copyright in WRECKSTAGE 2010 is held by BIMCO.

BIMCO launches anti-corruption clause for shipping contracts worldwide

24 November 2015

BIMCO, the world’s largest international shipping organisation, has now launched an anti-corruption clause for charter parties. The new clause will give owners and charterers a contractual platform for cooperative action to resist demands for illegal payments from port officials and others.

Voyage chartering - Masterclass

26 September 2019

Voyage charters are not regulated by compulsory international conventions. This course highlights problem areas, presents ways for parties to allocate risks and gives an overview of the relevant legal principles.

New Cyber Security Clause from BIMCO now available

31 May 2019

A new standard Cyber Security Clause requiring the parties to implement cyber security procedures and systems to help reduce the risk of an incident, is now available from the BIMCO website.