BIMCO, ASBA and the SMF have consulted with the industry globally during the development of the new edition of NYPE to gather a clear picture of commonly… Read more “BIMCO Announces Major Revision of NYPE Time Charter”
Tag: TIme charter
Spotlight on Cargo Fumigation in New BIMCO Clause
A new BIMCO clause provides a clear allocation of responsibility and costs relating to fumigation operations and brings awareness to the safe handling of fumigants on board… Read more “Spotlight on Cargo Fumigation in New BIMCO Clause”
Payment of Hire Not a Condition – The Other View
The generally held view prior to Mr Justice Flaux’s decision in the “ASTRA” [2013] was that payment of hire under a time charter was not a condition.… Read more “Payment of Hire Not a Condition – The Other View”
BIMCO has now concluded work on the standard time charter party for the RoPax ferry sector
Earlier this summer, the new contract codenamed ROPAXTIME was published and has created a lot of interest in the industry with several fixtures made on it already. ROPAXTIME… Read more “BIMCO has now concluded work on the standard time charter party for the RoPax ferry sector”