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Results for:Managing payment risk
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WRECKSTAGE 2010
30 January 2023WRECKSTAGE 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.
Macro Economics - The two-track recovery continues but downside risks remain elevated for all
14 February 2011Global recovery advances but remains uneven, with two main tracks. In advanced economies, activity has tempered less than expected, but growth remains
Cyber Security Workbook for On Board Ship Use
25 November 2021A practical workbook on identifying cyber risks and how to respond in case of a cyber attack.
BIMCO publishes new standalone Refund Guarantee for Shipbuilding Contracts
17 June 2021A buyer’s payment instalments are at risk under a shipbuilding contract until the shipyard delivers the ship. To safeguard against the risk of the shipyard defaulting or becoming insolvent it is common practice to cover this risk with a refund guarantee issued by a bank. BIMCO’s Documentary Committee has adopted a clearly worded standalone refund guarantee that will assist parties in their shipbuilding projects.
New Zealand FSMC ( formerly known as AGM) Regulations
07 June 2023New Zealand Flighty Spongy Moth Complex ( FSMC) formerly known as Asian Gypsy Moth/AGM regulations are issued by the Ministry for Primary Industries (MPI), which include the Craft Risk Management Standard (CRMS) under section 24G of the Biosecurity Act 1993.
Voyage chartering masterclass
13 February 2020Voyage 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.
BIMCO launches anti-corruption clause for shipping contracts worldwide
24 November 2015BIMCO, 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.
BIMCO Intervention
12 October 2021One of the services available to owner, broker and agency members is "intervention" to recover outstanding undisputed amounts.
BIMCO, Safety at sea webinar: Fortifying defences to meet IMO 2021 deadline
06 August 2020BIMCO and Safety at Sea will be hosting an engaging and informative webinar on 11 August that will include the results of their Maritime Cyber Security survey to inform briefings and discussions among maritime experts.
