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BIMCO has started work to draft an industry standard clause for the Russian Oil Cap Scheme.
RightShip and INTERCARGO have today announced the launch of an important new quality standard for the dry bulk sector, DryBMS. The standard will be governed by a new NGO to be established later this year and will support the improvement of safety in the dry bulk segment.
BIMCO is working together with the International Spill Control Organization (ISCO) to develop spill response contracts for use when an incident has occurred and a fast response is needed.
The latest edition of this bill of lading is Blank Back Form of Liner Bill of Lading 2016.
The latest edition of this waybill is the Blank Back Form of Non-Negotiable Liner Waybill 2016.
In October 2009 BIMCO initiated a project to develop a suite of standard bunker clauses for use in time charter parties. The rationale behind developing the suite is simply to address the ever increasing importance of bunker issues in time charter parties and the need to ensure that the risk of bunker disputes is minimised by clearly worded clauses that reflect legislative developments. The Suite of Clauses was adopted by BIMCO’s Documentary Committee at its meeting in Vancouver in June 2011. The Suite provides clauses covering matters relating to delivery/redelivery bunkers; bunkering operations; sampling; fuel testing programmes; and ECA trading, all of which are matters that are frequently absent from or insufficient in many standard time charter parties. Many older time charter forms contain bunker clauses covering the fundamental principles under the charter, but simply do not contemplate today’s situation where vessels are required to carry and use several grades of fuel and where sampling and testing regimes are an integral part of the process.
An increasing number of ships that use alternative fuels are entering the market in response to the industry’s drive towards reducing CO 2 emissions. The most common alternative fuel at present is Liquefied Natural Gas (LNG) which is used in an increasing number of dual-fuelled ships in operation.
The Industry standard on in-water cleaning with capture has been submitted to support IMO’s work on the review of the Guidelines for the control and management of ships' biofouling to minimize the transfer of invasive aquatic species.
Latest version of this clause is the 2020 Marine Fuel Sulphur Content Clause for Time Charter Parties .
