ASBA Releases New Voyage Charter For Gas Trade

  • BIMCO and the Association of Ship Brokers & Agents Inc. recently released ASBAGASVOY with intended for use for LPG, anhydrous ammonia, and chemical gases.
  • Strict adherence is essential for safety on board and successful completion of the charterparty, and Clause 13 makes for an appropriate inclusion.
  • The new Clause 4 requiring charterers to supply and the owners to discharge cargo at agreed upon temperatures.

During the early days of gas transportation, gas-carrying vessels were built for long...

https://mfame.guru/asba-releases-new-voyage-charter-for-gas-trade/

Global action: a flurry of new international clauses and contracts

Pictured: a generic image of containership; photo Mohamed Aly from Pixabay

A major meeting at BIMCO has produced numerous updates that will affect international shipping.

BIMCO is a global shipowner trade association known for its work on producing global contract clauses and documents for shipping. Following widespread industry consultation, a final draft of the new voyage charter party contract “GENCON” is expected next year and will be up for adoption in May 2021.

In the gas tanker trades,...

https://shippingaustralia.com.au/global-action-a-flurry-of-new-international-clauses-and-contracts/

BIMCO To Revise the ‘Most Used’ Tanker Charter Party

  • BIMCO and ASBA have approved a voyage charter party for publication to serve the growing gas tanker industry.
  • ASBAGASVOY has been developed specifically for the gas tanker trade and replaces ASBATANKVOY clauses which pertain to the traditional product tanker trades.
  • An important feature of ASBAGASVOY is the introduction of a presentation clause.
  • ASBAGASVOY and ASBAGASBILL will soon be available on SmartCon and on ASBA website.

BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc....

https://mfame.guru/bimco-to-revise-the-most-used-tanker-charter-party/