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    Lessons learned: Always cross a TSS at as close to 90 degrees as possible

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    fish farms

    Skuld: Precautions for fish farms in Lanshan, China

    Indonesia China

    Thirty fishermen rescued after vessel capsizes in South China Sea

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    Book Review: Building leaders the MMMA way

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    MOL takes step to enhance the mental health of its crew

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    In the calm lies the cure: Exploring the parasympathetic nervous system

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    alternative fuels

    ClassNK: LNG-fueled ships likely to remain the most popular

    methanol engine

    Company achieves new milestone on methanol engines

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    Global trade comes with responsibility and drawbacks

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    Black Sea MoU Annual Report: 4,587 inspections in 2024

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SAFETY4SEA

BIMCO to launch LNG bunker terms

by The Editorial Team
June 27, 2019
in Fuels
BIMCO contracts
FacebookTwitterEmailLinkedin

During the Maritime Week Gibraltar, BIMCO announced that it will launch the LNG bunker document at the end of 2019. For the time being, there is no information and template for purchasing LNG bunkers; Thus, BIMCO aims to address this.

Specifically, Grant Hunter, Head of Contracts and Clauses at BIMCO, reportedly confirmed that the LNG bunker document will be based on the BIMCO Bunker Terms 2018.

Meanwhile, the clause will also include an IGF Code and the LNG terms will also feature a detailed annex covering measurement methodology.

Mr Hunter commented the issue that some industry stakeholders have been removing some terms and conditions from the official terms.

RelatedNews

BIMCO: Demand for responsible ship recycling grows

BIMCO elects Paul Pathy as President

BIMCO has already published two 2020 sulphur clauses:

  1. BIMCO 2020 Marine Sulphur Content Clause for Time Charter Parties;
  2. BIMCO 2020 Fuel Transition Clause for Time Charter Parties.

After announcing the clauses, BIMCO addressed that it would set a team to consider weather a clause addressing scrubbers should be launched.

In the meantime, BIMCO and Intertanko have published Q&As addressing the contractual implications owners and charterers consider when chartering ships fitted with scrubbers.

BIMCO to launch LNG bunker termsBIMCO to launch LNG bunker terms
BIMCO to launch LNG bunker termsBIMCO to launch LNG bunker terms
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