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BIMCHEMTIME Vetting and Inspection Clause 2006

07 December 2023

The development of the Vetting and Inspection Clause formed part of the general task of modernising the 1984 BIMCHEMTIME charter party. However, recognising the potential benefit to the chemical industry of coming up with a good standard vetting and inspection clause, BIMCO decided to prepare the BIMCHEMTIME Vetting and Inspection Clause as a free-standing standard clause that can be incorporated into other chemical carrier time charter parties. The Vetting and Inspection Clause forms a cornerstone of any time charter party in the chemical trade. BIMCO’s Vetting and Inspection Clause for Chemical Carriers is an attempt to deal in a reasonable way with a fundamentally unreasonable situation.

How to use the IBC Code

05 December 2023

SOLAS Chapter VII part B - Construction and equipment of ships carrying dangerous liquid chemicals in bulk - made the International Code for the Construction and Equipment of Ships Carrying Dangerous Chemicals in Bulk, in short - the IBC code - mandatory for chemical tankers constructed on or after 1 July 1986.