2017 was year of change in shipping – caution required in 2018
04 January 20182017 was a year of change. Much of it for the better, but a cautious approach is still needed for 2018 to maintain the progress already achieved.
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2017 was a year of change. Much of it for the better, but a cautious approach is still needed for 2018 to maintain the progress already achieved.
The HYDROBILL bill of lading was developed to be used for shipments under the HYDROCHARTER. The latest edition of this bill of lading is HYDROBILL 2017.
The HYDROCHARTER is a voyage charter party developed for Norsk Hydro. It is accompanied by its own bill of lading, the HYDROBILL. The latest edition of this charter party is HYDROCHARTER 2017.
Leading London law chambers gives “top marks to BIMCO” at seminar on new edition of SUPPLYTIME offshore support vessel charter party.
SUPPLYTIME is a time charter party for offshore support vessels. It operates on a knock for knock liability regime, which means that each party agrees to bear responsibility for and indemnify the other in respect of loss of or damage to their own property, and injury to or death of their own personnel, regardless of fault. The latest edition of this contract is SUPPLYTIME 2017. Copyright in SUPPLYTIME 2017 is held by BIMCO.
Oil tankers experienced a tough start to 2017 as freight rates for all crude oil and oil product tankers continued their decline following the brief lift at year-end. For one, VLCCs may not yet have bottomed out. By 7 April 2017, average earnings stood at USD 18,853 per day, down from USD 63,284 per day on 16 December 2016.
A new Concentrated Inspection Campaign (CIC) to check on safety of navigation, including Electronic Chart Display Information Systems (ECDIS) will be conducted jointly by Paris and Tokyo MoUs. Paris MoU issues new White, Grey and Black lists issued effective from 1 July 2017.
BIMCO has published a new edition of BARECON, the industry’s go-to standard contract for bareboat chartering.
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+45 44 36 68 00Lines are open Mon-Thurs 08:30-17:00 (CET) Fri 08:30-16:00 (CET)