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WORLDFOOD 99

23 May 2022

The United Nations World Food Programme Voyage Charter Party, WORLDFOOD 99, is a BIMCO approved document to which the World Food Programme holds the copyright. The contract is used for shipments of food to emergency areas to save the lives of victims of war, civil conflict and natural disasters. The WORLDFOODWAYBILL and the WORLDFOODRECEIPT are its accompanying contracts of carriage. The latest edition of this contract is WORLDFOOD 2017 .

WORLDFOOD 2017

30 November 2017

The United Nations World Food Programme Voyage Charter Party, WORLDFOOD 2017, is a BIMCO approved document to which the UN World Food Programme holds the copyright. The contract is used for shipments of food to emergency areas to save the lives of victims of war, civil conflict and natural disasters. The WORLDFOODRECEIPT 2017 is its accompanying contract of carriage. The latest edition of this contract is WORLDFOOD 2017.

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).

Sanctions Clause for Contracts of Affreightment (GENCOA) 2022

07 December 2023

The sanctions landscape has grown increasingly complex. 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 contracts of affreightment 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.

Sanctions Clause for Container Vessel Time Charter Parties 2021

07 December 2023

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 and the UN World Food Programme issues modernised charter party

30 November 2017

BIMCO has together with the UN World Food Programme (WFP), updated and modernised the WORLDFOOD voyage charter party used by the UN organisation to transport food to emergency areas around the world. The aim was to create a contract that made WFP’s work easier and faster.

BIMCO and the UN World Food Programme issues modernised charter party

30 November 2017

BIMCO has together with the UN World Food Programme (WFP), updated and modernised the WORLDFOOD voyage charter party used by the UN organisation to transport food to emergency areas around the world. The aim was to create a contract that made WFP’s work easier and faster.

Important UN charter party under revision

20 February 2017

Work on revising the UN voyage charter party WORLDFOOD continued with a two days meeting at the World Food Programme’s headquarters in Rome earlier this month.