Ballast Water Management - the deadline 080917 is approaching

The International Maritime Organization's Convention for the Control and Management of Ships' Ballast Water and Sediments (BWM) enters into force 8 September 2017. Under the Convention, all ships in international trade are required to manage their ballast water and sediments in accordance with an approved ship-specific ballast water management plan. All ships will also have to carry a ballast water record book and an international ballast water management certificate.

War in Ukraine: Guidance regarding maritime security implications

Russia appears to have launched a full-scale invasion of Ukraine and maritime security will likely be affected.

24 Feb Ukraine situation – contractual implications

This short guide highlights some of the key issues that may affect the obligations and rights of contracting parties following developments in the Russo-Ukrainian conflict, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and future fixtures and, if in any doubt, seek legal advice before acting.

Ukraine situation – contractual implications

This short guide highlights some of the key issues that may affect the obligations and rights of contracting parties following developments in the Russo-Ukrainian conflict, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and future fixtures and, if in any doubt, seek legal advice before acting.

24 Feb Ukraine situation – contractual implications

This short guide highlights some of the key issues that may affect the obligations and rights of contracting parties following developments in the Russo-Ukrainian conflict, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and future fixtures and, if in any doubt, seek legal advice before acting.

War Risks Clause for Time Chartering 2013 (CONWARTIME 2013)

Shipowners encouraged to take part in ship generated waste survey

The EU is carrying out an online survey which is relevant to all shipowners irrespective if they operate ships on EU-flag or not. The outcome of the survey will be used to establish criteria for determining that a ship produces reduced quantities of waste and manages its waste in a sustainable and environmentally sound manner. The outcome could result in reduced fees for delivering waste to a port reception facility, and BIMCO encourages all shipowners to take part in the survey.

Ship Management Contracts

The handy guide contains explanatory notes to all of BIMCO’s current standard ship management contracts.

SHIPLEASE

SHIPLEASE is a standardised term sheet intended for use in ship sale and leaseback transactions. The term sheet has been principally developed for sale and leaseback transactions involving second-hand ships, but it can be readily adapted to fit structures involving newbuildings or vessels that are undergoing major refit. It is suitable for use for both operating and finance leases, although it may need to be adjusted as appropriate. The latest edition of this contract is SHIPLEASE, issued in 2020.

Ballast Water Management - Reminder/Update

Tne International Convention for the Control and Management of Ships' Ballast Water and Sediments (BWM Convention) enters into force 8 September 2017!