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Help set the future direction for the BIMCO ESG Network: Complete our quick survey

25 July 2023

There are now more than 55 members in the BIMCO Environmental Social and Governance Network. More are joining as members seek to understand the role ESG will play in their future business. In its initial meetings, the group has identified the need to investigate commonalities in ESG strategies and how you manage the things you can’t (or that might be hard to) measure. In order to get a broader picture of how our members are approaching ESG, we have developed a short survey to gather information.

MURMAPATIT 1987

23 May 2022

The MURMAPATIT was developed for shipments of apatite ore and apatite concentrate from Murmansk. The latest edition of this contract is MURMAPATIT 1987.

Sanctions Clause for Time Charter Parties 2020

07 December 2023

The sanctions landscape has grown increasingly complex since BIMCO published its Sanctions Clause for Time Charter Parties in 2010. International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully worded sanctions clauses in charter parties and other contracts are vital for internationally trading companies to help them manage and mitigate their sanctions risk and to enable them to continue to do business while remaining compliant with the various sanctions regimes. This clause is intended for use in all trades except for container trades. A separate sanctions clause for the container trades is under development. This clause was published on 19 December 2019. It replaces the Sanctions Clause for Time Charter Parties 2010 and the Designated Entities Clause for Charter Parties 2013 (which have been combined to make a new single clause for ease of incorporation).

SOVCOAL 1987

23 May 2022

The Soviet Coal Charter was developed for the coal, coke and coaltarpitch trade from the USSR. The latest edition of this contract is SOVCOAL 1987.

SOVORECON 1987

23 May 2022

The Soviet Ore Charter Party was developed for the ore and ore concentrates trade from USSR ports. The latest edition of this contract is SOVORECON 1987.