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ASV specific features tackled in new charter party

28 April 2020

The subcommittee developing a standard time charter party for accommodation support vessels (ASVs), at an online meeting on 23 April, continued discussions on key areas of the new contract, including offshore bunkering and how to address the concept of immediate tasks in an ASV specific context.

Charter party workshop - Masterclass

26 September 2019

The workshop combines a range of lecturers on voyage and time chartering with sessions on related day-to-day issues and troubleshooting.

Sanctions Clause for Container Vessel Time Charter Parties 2021

25 January 2021

The sanctions landscape for the container trade has grown increasingly complex over the past decade. To provide the container industry with a bespoke contractual solution that addresses the practical and commercial realities of the liner trade BIMCO has developed a Sanctions Clause for Container Vessel Time Charter Parties 2020.

BIMCO Infectious Diseases Clause and the allocation of COVID risks in charter parties

31 August 2021

BIMCO's Nina Stuhrmann, Manager, Contracts & Clause, will be taking part in a joint seminar between 4 Pump Court and BIMCO to discuss the forthcoming re-draft of the BIMCO Infectious Diseases Clause and, more widely, issues arising under many charter parties about who bears time and money consequences of delays and disruption.

Time charter and infectious and contagious diseases

07 April 2020

BIMCO has over recent weeks published a lot of information about COVID-19 and which measures different countries have implemented in an effort to curtail the spread of the virus. An overview can be found on BIMCO’s website.

BIMCO Contagious Diseases Clauses - Are they triggered by COVID-19?

04 March 2020

The threshold for invoking BIMCO’s Infectious or Contagious Diseases (IOCD) Clauses is necessarily set at a high level to avoid misuse. The two clauses, one for time and the other for voyage charters, are designed to respond to extreme outbreaks of diseases and not just “everyday” illnesses.