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"In one sense, GENCON is a curious anomaly," says John Weale, who chairs the GENCON revision subcommittee.
The three best performing dry bulk terminals in the world are Santander and Bilbao in Spain and Quebec in Canada, according to BIMCO’s 2017 Dry Bulk Terminals Vetting Report.
At times of port restrictions and situations where a crew may be infected or fall ill with COVID-19, it has become apparent that the obligations and rights of contracting parties need to be clarified. The main takeaway from the situation is that parties to a contract should communicate and cooperate when problems arise. Pandemic restrictions are a reality and must be complied with.
Global oil demand is seasonal, with Q1 being the weakest season – again, leaving only upside for the remainder of the year.
SmartCon is BIMCO’s online contract editor. It allows users to edit, negotiate and finalise over 150 different shipping-related documents. It includes the most popular and common contracts such as bills of lading, time and voyage charter parties as well as sale and purchase and newbuilding contracts.
The seminar focuses on the practical aspects of trading vessels and cargoes in areas where sea ice can impact the commercial agreement. The seminar is structured as a blend of useful commercial guidance and case discussions.
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