The International Brokers Commission Contract is an agreement between owners and brokers for owners’ payment of commission to brokers. The copyright in this document is held by FONASBA and it has been recommended by BIMCO.
BIMCO's masterclass on marine carriage contracts, liabilities and cargo claims examines specific issues arising when goods are damaged, lost or delayed during transit.
BIMCO's masterclass on marine carriage contracts, liabilities and cargo claims examines specific issues arising when goods are damaged, lost or delayed during transit.
When BIMCO’s Documentary Committee (DC) chaired by Nick Fell, Executive Vice President, Corporate Services and General Counsel at BW Group, meets on 20 April at BIMCO House in Copenhagen, it will be considering two new freestanding clauses for adoption, one contract for approval and a number of ongoing projects for review.
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’s Secretary General & CEO, Angus Frew, will extend his contract to the end of 2022. His top priority in 2018 will be environmental legislation. Over the past four years, Frew has been instrumental in modernising BIMCO and in increasing its member-focus.
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.